T. Rowe Price OHA Private Credit Fund

10/15/2024 | Press release | Distributed by Public on 10/15/2024 14:25

Material Agreement Form 8 K

Item 1.01.
Entry into a Material Definitive Agreement.

On October 10, 2024, T. Rowe Price OHA Select Private Credit Fund (the "Company") entered into the Commitment Increase Agreement (the "Commitment Increase Agreement"), dated as of October 10, 2024, among the Company, as borrower, JPMorgan Chase Bank, N.A. ("JPM"), as an increasing lender, administrative agent, swingline lender and an issuing bank, BNP Paribas, as an increasing lender, Canadian Imperial Bank of Commerce, as an increasing lender, State Street Bank and Trust Company, as an increasing lender and as a swingline lender, Bank of America, N.A., as an assuming lender, and Barclays Bank PLC, as a swingline lender and an issuing bank, pursuant to Section 2.08(e) of the Senior Secured Revolving Credit Agreement, dated as of November 15, 2022 (as amended, restated, supplemented and/or otherwise modified from time to time, the "Credit Agreement"), among the Company, as borrower, the lenders party thereto, and JPM, as administrative agent for the lenders. Capitalized terms used but not otherwise defined herein have the meanings ascribed to such terms in the Credit Agreement.

The Commitment Increase Agreement provides for, among other things, an increase in the total aggregate commitments from lenders under the revolving credit facility governed by the Credit Agreement from $475,000,000 to $665,000,000. Pursuant to the accordion feature in the Credit Agreement, the aggregate amount of all Commitments thereunder may be further increased up to $1,000,000,000.

The description above is only a summary of the material provisions of the Commitment Increase Agreement and is qualified in its entirety by reference to a copy of the Commitment Increase Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.