Company: VVR
Filing Date: 2025-03-21
Form Type: 424B5
Source: 0001104659-25-026711
Chunk: 23

Company: Invesco Senior Income Trust
Filing Date: 2025-03-21
Form: 424B5
Chunk 23
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 investments imposed by guidelines of one or more rating agencies, which may issue ratings for such borrowings. Such guidelines may impose asset coverage or portfolio composition requirements that are more stringent than those imposed by the 1940 Act. It is not anticipated that these covenants or guidelines will impede Invesco from managing the Fund’s portfolio in accordance with the Fund’s investment objective and policies. The 1940 Act grants to the holders of senior securities representing indebtedness issued by the Fund, other than with respect to privately arranged borrowings, certain voting rights in the event of default in the payment of interest on or repayment of principal. Failure to maintain certain asset coverage requirements under the 1940 Act could result in an event of default and entitle the debt holders to elect a majority of the Board of Trustees. Credit Facility. The Fund has entered into a $150 million credit agreement, effective as of July 9, 2024 (as from time to time amended, supplemented, waived or modified, the “Credit Agreement”), with Societe Generale and other lending institutions party thereto and Societe General, as agent. The Fund had previously entered into a Credit Agreement with Societe Generale on similar terms that expired on July 9, 2024. As of February 29, 2024, the Fund had outstanding borrowings under the Credit Agreement of $135,000,000 million representing approximately 13.50% of the Fund’s total assets as of such date. The Credit Agreement is secured by the assets of the Fund. The Fund has an indirect, wholly-owned subsidiary to facilitate investment in private loans, the Invesco Senior Income Loan Origination LLC (the “Subsidiary”). The Subsidiary has entered into a $95 million credit agreement, effective as of July 9, 2024 (as from time to time, amended, supplemented, waived or modified, the “Subsidiary Credit Agreement”) with Natixis as lender. The Subsidiary Credit Agreement is secured by the assets of the Subsidiary. On a consolidated basis, the Fund’s and the Subsidiary’s borrowings under their respective facilities represented approximately 20.71% of the combined total assets of the Fund and the Subsidiary. 9 Preferred Shares The Fund may authorize and issue preferred shares with rights as determined by the Board of Trustees, by action of the Board of Trustees without prior approval of the holders of the Common Shares. Common Shareholders have no preemptive