LAGO Evergreen Credit Enters Material Definitive Agreement
| Field | Detail |
|---|---|
| Company | Lago Evergreen Credit |
| Form Type | 8-K |
| Filed Date | Dec 17, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $75,000,000, $125,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
TL;DR
LAGO Evergreen Credit just signed a big deal, creating a new financial obligation.
AI Summary
On December 12, 2025, LAGO Evergreen Credit entered into a material definitive agreement, creating a direct financial obligation. The company, incorporated in Delaware, is headquartered at 10 S. Wacker Dr., Suite 3540, Chicago, IL 60606, with a principal executive office phone number of 773-417-5246.
Why It Matters
This filing indicates LAGO Evergreen Credit has undertaken a new financial obligation, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — Entering into new financial obligations can introduce financial risk, the extent of which depends on the specific terms not detailed in this initial filing.
Key Players & Entities
- LAGO Evergreen Credit (company) — Registrant
- December 12, 2025 (date) — Date of earliest event reported
- 10 S. Wacker Dr., Suite 3540, Chicago, Illinois 60606 (address) — Principal Executive Offices
- 773-417-5246 (phone_number) — Registrant's Telephone Number
- Delaware (jurisdiction) — State of Incorporation
FAQ
What type of material definitive agreement did LAGO Evergreen Credit enter into?
The filing states that LAGO Evergreen Credit entered into a material definitive agreement that created a direct financial obligation or an obligation under an off-balance sheet arrangement of a registrant. Specific details of the agreement are not provided in this initial report.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on December 12, 2025.
What is LAGO Evergreen Credit's principal executive office address?
LAGO Evergreen Credit's principal executive office is located at 10 S. Wacker Drive, Suite 3540, Chicago, Illinois 60606.
What is the company's state of incorporation?
LAGO Evergreen Credit is incorporated in Delaware.
What is the registrant's telephone number?
The registrant's telephone number, including area code, is (773) 417-5246.
Filing Stats: 728 words · 3 min read · ~2 pages · Grade level 13 · Accepted 2025-12-17 13:35:25
Key Financial Figures
- $75,000,000 — to the Loan and Security Agreement from $75,000,000 to $125,000,000 and add Axos Bank, as a
- $125,000,000 — Security Agreement from $75,000,000 to $125,000,000 and add Axos Bank, as a new Lender. T
Filing Documents
- ck0002043759-20251212.htm (8-K) — 55KB
- ck0002043759-ex10_1.htm (EX-10.1) — 166KB
- 0001193125-25-322306.txt ( ) — 339KB
- ck0002043759-20251212.xsd (EX-101.SCH) — 24KB
- ck0002043759-20251212_htm.xml (XML) — 4KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement Third Amendment to LAGO Evergreen SPE, LLC's Loan and Security Agreement On December 12, 2025, LAGO Evergreen Credit (the "Company") entered into the Third Amendment to the Loan and Security Agreement and Joinder (the "Third Amendment to the Loan and Security Agreement") that amends that certain Loan and Security Agreement dated February 28, 2025 (as amended, the "Loan and Security Agreement"), by and among LAGO Evergreen SPE, LLC, as Borrower, the Company, as Servicer and as Originator, LAGO Asset Management, LLC, as Investment Manager, Keybank National Association, as Syndication Agent, as Agent for the Lenders and as the Lender. The Third Amendment to the Loan and Security Agreement amends the Loan and Security Agreement to, among other things, increase the available borrowings under the Third Amendment to the Loan and Security Agreement from $75,000,000 to $125,000,000 and add Axos Bank, as a new Lender. The terms of the Third Amendment to the Loan and Security Agreement became effective on December 12, 2025. Borrowing under the Third Amendment to the Loan and Security Agreement remains subject to the leverage restrictions contained in the Investment Company Act of 1940, as amended. Capitalized terms under this Item 1.01, unless otherwise defined herein, have the meaning ascribed to them under the Third Amendment to the Loan and Security Agreement. The description above is only a summary of the material provisions of the Third Amendment to the Loan and Security Agreement and is qualified in its entirety by reference to the copy of the Third Amendment to the Loan and Security Agreement that is filed as Exhibit 10.1 to this current report on Form 8-K.
03. Creation of Direct Financial Obligation
Item 2.03. Creation of Direct Financial Obligation The information included under Item 1.01 above is incorporated by reference into this Item 2.03.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Third Amendment to the Loan and Security Agreement, dated December 12, 2025, by and between LAGO Evergreen SPE, LLC, as Borrower, the Company, as Servicer and as Originator, LAGO Asset Management, LLC, as Investment Manager, KeyBank National Association, as Syndication Agent, as Agent for the Lenders and as the initial Lender and Axos Bank, as a new Lender. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LAGO Evergreen Credit Date: December 17, 2025 By: /s/ Tim Gottfried Tim Gottfried Chairman of the Board and Chief Executive Officer