8-KAccepted Oct 2, 4:18 PM ET
BC Partners Lending Corp: amends credit facility and completes ACIF merger
Accepted (ET)
4:18 PM
Oct 2, 2026
Filed
Oct 2, 2026
Documents
14
Size
1.5 MB
Summary
BC Partners Lending Corp: amends credit facility and completes ACIF merger
What happened On Sep 29, 2026, the company completed its previously announced acquisition of Alternative Credit Income Fund ("ACIF") pursuant to the Agreement and Plan of Merger dated Feb 24, 2026. At the effective time of the mergers, the company issued an aggregate of approximately 7,074,995 BCPL common shares to ACIF’s former shareholders based on final exchange ratios by class. Separately, Great Lakes, a Cayman Islands exempted company and wholly-owned subsidiary of the company, entered into Amendment No. 1 to the Loan Financing and Servicing Agreement (the "First Amendment") to the revolving credit facility.
Key details
- Mergers: BCPL Merger Sub, Inc. merged into ACIF (First Merger), then ACIF merged into the company; exchange ratios per ACIF share: Class A 0.4571, Class C 0.4647, Class I 0.4568, Class L 0.4579, Class W 0.4567. Total BCPL Shares issued: approximately 7,074,995.
- First Amendment to revolving credit facility: increases facility commitment from $125,000,000 to $200,000,000; extends the revolving period expiration from Feb 14, 2028 to Sep 29, 2029; extends maturity from Feb 14, 2030 to Sep 29, 2031; increases the accordion capacity up to $400,000,000.
- Agents and parties named in the First Amendment include Deutsche Bank AG, New York Branch as facility agent, U.S. Bank Trust Company, National Association as collateral agent, and U.S. Bank National Association as collateral custodian.
- The company furnished a press release announcing the completion of the mergers as Exhibit 99.1 to the Form 8-K.
Why it may matter This Form 8-K reports Item 2.01 (completion of acquisition of ACIF and issuance of BCPL common shares), Item 1.01 (entry into Amendment No. 1 to the revolving credit facility), and Item 7.01 (Regulation FD disclosure via press release). The filing describes the transactions and the material terms of the First Amendment and the Merger Agreement. The filing does not show why the insider traded or why the company acted.