Willow Tree Capital Corp 8-K

What Happened

• Willow Tree Capital Corporation filed an 8-K (Dec. 30, 2025) disclosing that its wholly‑owned subsidiary WT Capital Fund – SPV1, LLC entered into a Second Amendment and Joinder to the Amended and Restated Loan, Security and Collateral Management Agreement on December 23, 2025.
• The Second Amendment modifies the A&R Credit Facility (originally dated Nov. 8, 2024) with Ally Bank as administrative agent and arranger and State Street as collateral custodian.

Key Details

• Increased total commitment: raised from $500,000,000 to $575,000,000.
• New borrower joined: WT Capital Fund - SPV1 Sub Gold LLC (a wholly‑owned subsidiary) was added as a borrower.
• Changes to economics and scope: applicable spreads were reduced and the facility was amended to permit acquisitions of loans denominated in foreign currencies (exampled as EUR and GBP).
• Governance/definitions updated: revisions were made to the definitions of “Change of Control” and “Material Modification.”
• Exhibit: The Second Amendment is filed as Exhibit 10.1 to the 8-K.

Why It Matters

• For investors, the amendment increases the company’s committed borrowing capacity and lowers borrowing spreads, which can support additional loan purchases and reduce financing costs.
• Allowing foreign‑currency loan acquisitions broadens investment scope but introduces currency exposure.
• Adding a new subsidiary as a borrower creates direct obligations under the credit facility for that entity, which is material to the company’s consolidated financing structure.