Vista Credit Strategic Lending Corp. has entered into a supplemental agreement to issue $150,000,000 in aggregate principal amount of 7.75% Series 2026A Senior Notes due October 2, 2028. The transaction, executed on September 29, 2026, involves the sale of these notes to institutional investors named in the Master Note Purchase Agreement.
Interest on the Series 2026A Notes will begin accruing on October 15, 2026, and is due semiannually on April 2 and October 2 of each year, starting April 2, 2027. The interest rate is subject to an increase of up to 2.00% above the stated rate if the notes cease to have an investment grade rating and the company's secured debt ratio exceeds specific thresholds. The notes are general unsecured obligations of the company, ranking pari passu with all other unsecured indebtedness. Additionally, the company is obligated to offer to repay the notes at 100% of the principal amount plus accrued interest in the event of certain change-of-control events.
The closing for the sale is expected to occur on October 15, 2026. The company intends to use the proceeds for general corporate purposes, including making investments, repaying existing debt, and making permitted distributions. The transaction was conducted in reliance on Section 4(a)(2) of the Securities Act of 1933 and does not involve a registration of the notes under federal or state securities laws.
In a separate agreement dated September 29, 2026, the company entered into Amendment No. 2 to its Senior Secured Revolving Credit Agreement. This amendment permits the company to incur additional unsecured indebtedness, including notes with a tenor of less than three years, subject to specified caps.
