Senior Credit Investments Files 2024 10-K
| Field | Detail |
|---|---|
| Company | Senior Credit Investments, LLC |
| Form Type | 10-K |
| Filed Date | Mar 25, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, debt-investments, credit
TL;DR
SCI filed its 2024 10-K, showing investments like a SOFR + 7% loan to Seko Logistics due 2030.
AI Summary
Senior Credit Investments, LLC filed its 2024 10-K on March 25, 2025, reporting on its investment portfolio. Key investments include a first lien term loan to Seko Global Logistics Network, LLC, with a reference rate of SOFR + 7.00% (including 5.00% PIK) and a maturity date of May 27, 2030. The company is incorporated in Delaware and headquartered at 520 Madison Avenue, New York, NY.
Why It Matters
This filing provides investors with a detailed overview of Senior Credit Investments' financial health and investment strategy for the fiscal year ending December 31, 2024.
Risk Assessment
Risk Level: medium — The company's risk level is medium due to its focus on debt investments in portfolio companies, which carries inherent credit and interest rate risks.
Key Numbers
- 20241231 — Fiscal Year End (The period covered by the 10-K filing.)
- 20250325 — Filing Date (The date the 10-K was officially filed with the SEC.)
- SOFR + 7.00% — Loan Interest Rate (Interest rate on the First Lien Term Loan to Seko Global Logistics Network, LLC.)
Key Players & Entities
- Senior Credit Investments, LLC (company) — Filer of the 10-K
- Seko Global Logistics Network, LLC (company) — Portfolio company with a First Lien Term Loan
- 520 Madison Avenue, New York, NY (location) — Company headquarters and mailing address
- SOFR + 7.00% (dollar_amount) — Reference rate and spread for Seko Global Logistics Network loan
- May 27, 2030 (date) — Maturity date for Seko Global Logistics Network loan
FAQ
What is the total value of Senior Credit Investments, LLC's portfolio as of December 31, 2024?
The provided excerpt does not contain the total value of the company's portfolio.
What other types of debt investments does Senior Credit Investments, LLC hold?
The filing mentions 'First Lien Debt Investments' and specifically lists an investment in 'Seko Global Logistics Network, LLC'.
What is the PIK component of the interest rate for the Seko Global Logistics Network loan?
The PIK (Payment-in-Kind) component of the interest rate is 5.00%.
In which state is Senior Credit Investments, LLC incorporated?
Senior Credit Investments, LLC is incorporated in Delaware (DE).
What is the SEC file number for Senior Credit Investments, LLC?
The SEC file number for Senior Credit Investments, LLC is 814-01685.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 25, 2025 regarding Senior Credit Investments, LLC.