Vista Credit Strategic Lending Corp.: sells $150,000,000 of senior notes

What happened

• The filing says the company entered into Supplement No. 1 to the Master Note Purchase Agreement on Sep 29, 2026 to issue $150,000,000 in aggregate principal amount of 7.75% Series 2026A senior notes due Oct 2, 2028 in a private placement to the named institutional purchasers.
• The filing says the company also entered into Amendment No. 2 to the Senior Secured Revolving Credit Agreement on Sep 29, 2026, which, among other things, permits the company to incur additional unsecured indebtedness up to specified caps.

Key details

• Interest on the Series 2026A notes will accrue from Oct 15, 2026 and is payable semiannually on Apr 2 and Oct 2, beginning Apr 2, 2027.
• The stated interest rate is 7.75%, subject to increase by up to 2.00% above the stated rate if, subject to certain exceptions, the notes lose an investment grade rating and the company’s secured debt ratio exceeds specified thresholds.
• The Series 2026A notes are general unsecured obligations ranking pari passu with other unsecured, unsubordinated indebtedness; closing for the sale is expected on Oct 15, 2026.
• The company will apply proceeds for general corporate purposes, including investments, repayment of debt and distributions permitted by the Note Purchase Agreement.
• The Second Amendment to the credit agreement names ING Capital LLC as Administrative Agent and Issuing Bank and allows issuance of certain short-term notes (less than three years) within specified caps.

Why it may matter

• The filing reports Item 1.01 (entry into a material definitive agreement) for the note purchase supplement and the credit agreement amendment and Item 2.03 (creation of a direct financial obligation) for the issuance of the Series 2026A notes. It describes the material terms of the notes, the repayment and interest schedule, ranking as unsecured obligations, and that the notes were offered in reliance on Section 4(a)(2) of the Securities Act and will not be registered. The filing does not show why the insider traded or why the company acted.