On September 2, 2026, 5C Lending Partners Corp. entered into a second amendment to its Loan, Security and Collateral Management Agreement. The agreement involves the Company, 5C Lending Partners Advisor LLC, 5CLP BDC I ABL SPV-A LLC, Ally Bank, and U.S. Bank Trust Company, National Association.
The amendment, known as the Ally Loan Second Amendment, modifies the revolving credit facility, known as the ABL Credit Facility. The facility amount has been increased by $200,000,000, bringing the total to $600,000,000. Additionally, the swingline commitment has been increased to $60,000,000.
The amendment also adjusts the interest rates on advances. For advances bearing interest at the Benchmark, the applicable spread has been increased to 1.83%. In the event of an Event of Default, this rate increases to 3.83%. For advances bearing interest at the Base Rate, the spread has been set at 0.83%, which rises to 2.83% during an Event of Default.
Other modifications include changes to excess concentration amount limitations. The Ally Loan Second Amendment is filed as Exhibit 10.1 to the current report.
