# EDGAR Filing Document

**Accession Number:** 0001993402
**File Stem:** 0001104659-26-077774
**Filing Date:** 2026-6
**Character Count:** 38645
**Document Hash:** 25bf72c823333483cdccbc274a135712
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-077774.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0001104659-26-077774

**CONFORMED SUBMISSION TYPE**: SC TO-I/A

**PUBLIC DOCUMENT COUNT**: 14

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Antares Strategic Credit Fund
- **CENTRAL INDEX KEY:** 0001993402

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC TO-I/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-95034
- **FILM NUMBER:** 261122110

**BUSINESS ADDRESS:**
- **STREET 1:** C/O ANTARES CAPITAL CREDIT ADVISERS LLC
- **STREET 2:** 500 WEST MONROE STREET, SUITE 1700
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60661
- **BUSINESS PHONE:** 312-638-4000

**MAIL ADDRESS:**
- **STREET 1:** C/O ANTARES CAPITAL CREDIT ADVISERS LLC
- **STREET 2:** 500 WEST MONROE STREET, SUITE 1700
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60661
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Antares Strategic Credit Fund
- **CENTRAL INDEX KEY:** 0001993402

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC TO-I/A

**BUSINESS ADDRESS:**
- **STREET 1:** C/O ANTARES CAPITAL CREDIT ADVISERS LLC
- **STREET 2:** 500 WEST MONROE STREET, SUITE 1700
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60661
- **BUSINESS PHONE:** 312-638-4000

**MAIL ADDRESS:**
- **STREET 1:** C/O ANTARES CAPITAL CREDIT ADVISERS LLC
- **STREET 2:** 500 WEST MONROE STREET, SUITE 1700
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60661

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**SCHEDULE TO**

**(Rule 13e-4)**

**(Amendment No. 1)**

**TENDER OFFER STATEMENT PURSUANT TO SECTION 14(D)(1) OR 13(E)(1)**

**OF THE SECURITIES EXCHANGE ACT OF 1934**

**Antares Strategic Credit Fund**

**(Name of Issuer)**

**Antares Strategic Credit Fund**

**(Name of Person(s) Filing Statement)**

**Common Shares of Beneficial Interest**

**(Title of Class of Securities)**

**03666N108**

**(CUSIP Number of class of securities)**

**Malvika Gupta**

**Antares Capital Credit Advisers LLC**

**320 South Canal Street, Ste 4200**

**Chicago, IL 60606**

**(312) 638-4117**

**(Name, Address and Telephone No. of Person Authorized to Receive**

**Notices and Communications on Behalf of the Person(s) Filing Statement)**

**With a copy to:**

**William Bielefeld, Esq.**

**Nadeea Zakaria, Esq.**

**Dechert LLP**

**1900 K Street, NW**

**Washington, DC 20006**

**May 14, 2026**

**(Date Tender Offer First Published, Sent or Given to Security Holders)**

¨ Check the box if the filing relates solely to preliminary communications made before commencement of a tender offer.

Check the appropriate boxes below to designate any transactions to which the statement relates:

¨ third-party tender offer subject to Rule 14d-1.

x issuer tender offer subject to Rule 13e-4.

¨ going-private transaction subject to Rule 13e-3.

¨ amendment to Schedule 13D under Rule 13d-2.

Check the following box if the filing is a final amendment reporting the results of the tender offer: ◻

This Amendment No. 1 amends and supplements the Issuer Tender Offer Statement on Schedule TO (the "Statement") originally filed on May 14, 2026 by Antares Strategic Credit Fund (the "Fund") in connection with an offer by the Fund (the "Offer") to purchase up to 7.5% of its outstanding common shares of beneficial interest, par value $0.01 per share (the "Shares") as of December 31, 2025 at a price equal to the net asset value per Share as of June 30, 2026 (the "Valuation Date"), upon the terms and subject to the conditions set forth in the Offer to Purchase filed as Exhibit (a)(1)(ii) to the Statement (the "Offer to Purchase").

This Amendment No. 1 to the Statement is being filed pursuant to Rule 13e-4 of the Securities Exchange Act of 1934, as amended, to include additional written communications relating to the Offer and report preliminary results of the Offer. Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Offer to Purchase.

Item 4 (a)(1)(ix) of the Statement is hereby amended and supplemented by adding the following:

The Fund estimates that 8,198,852.688 Shares, or 10.33% of Shares outstanding as of December 31, 2025, were duly tendered to the Fund before the expiration of the Offer at 11:59 p.m., Eastern Time, on June 11, 2026 and not withdrawn.

The Fund intends to accept repurchase requests for 7.5% of Shares outstanding as of December 31, 2025. Therefore, the Fund intends to repurchase 72.59% of the requested amounts. As described in the Offer to Purchase, the Fund will accept Shares tendered on or before the Expiration Date for payment on a pro rata basis based on the number of tendered Shares with priority for repurchase requests in the case of the death or disability of a shareholder.

Item 12 of the Statement is hereby amended and supplemented as follows:

&nbsp;&nbsp;&nbsp;&nbsp;(i) [Exhibit (a)(1)(iv) attached to the Statement is replaced by exhibit (a)(1)(iv) Form of Letter from the Fund to Shareholders in Connection with the Fund's Acceptance of Shares.](tm2618925d1_ex99-xax1xiv.htm)

&nbsp;&nbsp;&nbsp;&nbsp;(ii) The following exhibit is added to the Statement:

[(a)(1)(vii) H1 Tender Offer Update](tm2618925d1_ex99-xax1xvii.htm)

Except as specifically provided herein, the information contained in the Statement, as amended, and the Transmittal Letter remains unchanged and this Amendment does not modify any of the information previously reported on the Statement, as amended, or the Transmittal Letter.

**SIGNATURE**

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**ANTARES STRATEGIC CREDIT FUND**

---

| | |
|:---|:---|
| By: | /s/ Thomas Sweeney |
| Name: | Thomas Sweeney |
| Title: | Chief Financial Officer and Principal Accounting Officer |

---

Dated: June 25, 2026

EXHIBIT INDEX

---

| |
|:---|
| <u>Exhibit</u> |
| [(a)(1)(iv) Form of Letter from the Fund to Shareholders in Connection with the Fund's Acceptance of Shares](tm2618925d1_ex99-xax1xiv.htm) |
| [(a)(1)(vii) H1 Tender Offer Update](tm2618925d1_ex99-xax1xvii.htm) |
| [EX-FILING FEES Calculation of Filing Fee Tables](tm2618925d1_exfilingfees.htm) |

---

## Ex-99.(A)(1)(Iv)

**Exhibit 99.(a)(1)(iv)**

**Form of Letter from the Fund to Shareholders<br> in Connection with the Fund's Acceptance of Shares**

Antares Strategic Credit Fund<br> c/o U.S Bancorp Fund Services, LLC<br> 615 East Michigan St.<br> Milwaukee, WI 53202

[DATE]

[SHAREHOLDER NAME/ADDRESS]

Dear Shareholder:

This letter serves to inform you that Antares Strategic Credit Fund (the "<u>Fund</u>") has received and accepted for purchase 72.59% of your tender of shares of beneficial interest in the Fund.

In accordance with the terms of the tender offer, you will be issued a non-interest bearing, non-transferable promissory note (the "<u>Note</u>"), which will be held on your behalf by U.S Bancorp Fund Services, LLC, the Fund's transfer agent ("<u>Transfer A</u>g<u>ent</u>"), entitling you to receive payment(s) in an aggregate amount equal to the net asset value of the shares accepted for purchase as of the applicable valuation date less the 5% "early repurchase deduction" (if applicable).

Unfulfilled repurchase requests do not carry over automatically to the next repurchase offer. You may elect to resubmit any unfulfilled portion of your repurchase request in any future repurchase offer. To the extent you participate in the Fund's distribution reinvestment plan ("DRIP"), any shares not submitted for repurchase will remain in the DRIP and any unfulfilled portion of your repurchase request will no longer participate in the DRIP. If you would like the unfulfilled portion of your repurchase request to remain in the DRIP, please contact your financial representative.

If you have any questions (or wish to request a copy of your Note), please contact the Fund's Transfer Agent at 1-844-925-9600.

Sincerely,

Antares Strategic Credit Fund

## Ex-99.(A)(1)(Vii)

**Exhibit 99.(a)(1)(vii)**

---

| | |
|:---|:---|
| **Antares Strategic Credit Fund (A-STAR)**<br> June 2026 | ![](tm2618925d1_ex99-a1viiimg1.jpg) |

---

Dear Shareholder,

We are writing to provide an update on the Antares Strategic Credit Fund ("A-STAR" or the "Fund") with respect to its June 2026 repurchase offer, recent performance, and current liquidity position. The Fund completed its June 2026 semi-annual repurchase offer on its stated terms and, during a period of elevated redemption activity across the non-traded BDC industry, recorded net capital inflows of approximately $78.0 million<sup>(1)</sup>.

The Fund provides shareholders with liquidity through semi-annual repurchase offers, for up to 7.5% of common shares outstanding - a structured, predictable program that reflects a stated term of the Fund's design, not its capacity to fund repurchases. The Fund's June 2026 repurchase offer, which reflects two quarters of activity, closed on June 11, 2026, with requests totaling 10.3% of common shares outstanding as of December 31, 2025, approximately 2.8% above the 7.5% maximum repurchase amount. Notably, these repurchases were more than offset by capital flowing into the Fund; A-STAR recorded gross capital inflows equal to approximately 11.3% of common shares outstanding<sup>(2)</sup> during the year-to-date period. The Fund will repurchase 7.5% of common shares outstanding, with accepted requests fulfilled on a pro rata basis, representing approximately 73% of shares tendered. The portion of any requests not repurchased in the June 2026 repurchase offer will not be carried forward, but shareholders may submit new requests in the Fund's next semi-annual repurchase offer, which is expected in the fourth quarter of 2026.

A-STAR is well positioned to meet its repurchase obligation while continuing to manage the portfolio and preserve investment flexibility to generate current income and deliver risk-adjusted returns across market environments. As of April 30, 2026, the Fund delivered a 10.7% annualized total net return<sup>(3)</sup> since inception while paying a 9.0% annualized distribution rate<sup>(4)</sup>. Importantly, distributions have been fully covered by net investment income. These results were generated by a diversified portfolio of core middle market loans, sourced primarily from Antares' existing sponsor and borrower relationships, and built through disciplined underwriting.

The Fund's scale and diversification reflect key tenets of Antares' portfolio construction approach. A-STAR held approximately $5.5 billion in loan commitments<sup>(5)</sup> across more than 420 portfolio companies<sup>(6)</sup>, with an average position size of 0.2%. This broad diversification helps mitigate single-name risk and is complemented by Antares' deep credit experience and longstanding familiarity with many of the underlying borrowers.

The Fund's positioning is supported by strong underlying credit fundamentals. Approximately 96% of total investments at fair value was assigned the highest internal risk rating, and only two portfolio companies had loans on non-accrual status, representing 0.1% of fair value<sup>(7)</sup>. The portfolio's weighted average loan-to-value of approximately 36.4%<sup>(8)</sup> provides meaningful equity cushion beneath the Fund's position, while limited PIK income – representing approximately 1.4% of total investment income – underscores the strength of A-STAR's earnings quality. Together, we believe these metrics reflect the benefit of A-STAR's senior-secured orientation, disciplined underwriting standards and proactive portfolio monitoring.

As of April 30, 2026, A-STAR held approximately $1.2 billion of available liquidity (~53% of A-STAR's net asset value) across cash and financing facilities, which is further bolstered by the liquidity the portfolio generates organically through regular borrower repayments (approximately 3-5% expected per quarter). These sources are underpinned by a conservative balance sheet: operating at the lower end of its target leverage range, with a net leverage ratio of 1.06x<sup>(9)</sup>, the Fund retains meaningful unused borrowing capacity. Together, these resources provide approximately 8x coverage<sup>(10)</sup> of the repurchase amount, allowing the Fund to fulfill accepted repurchase requests in full without disrupting the portfolio or our long-term investment approach.

The characteristics described throughout this letter — a diversified, senior-secured portfolio with strong credit fundamentals, multiple sources of liquidity, and leverage at the low end of A-STAR's target range — position A-STAR to meet its liquidity commitments while preserving the interests of continuing shareholders. That same financial flexibility also lets us buffer NAV volatility while deploying capital into an attractive market backdrop marked by widening spreads and tighter documentation. We appreciate the continued confidence reflected in this period's net inflows and remain committed to the disciplined, long-term management of the portfolio, with the objective of delivering current income and consistent, risk-adjusted returns.

Sincerely,

Antares Strategic Credit Fund (A-STAR)

---

| | | |
|:---|:---|:---|
| **A-STAR: Portfolio Snapshot** |  |  |
| **~$5.5B** | **~10.7%** | **~1.06x** |
| **Investment Commitments<sup>(5)</sup>** | **Annualized Total** | **Fund Net Leverage<sup>(9)</sup>** |
|  | **Net Return<sup>(3)</sup>** |  |
| **420+** | **~36.4%** | **~0.1%** |
| **Portfolio Companies<sup>(6)</sup>** | **Weighted Average** | **Non-accruals at** |
|  | **LTV<sup>(8)</sup>** | **Fair Value<sup>(7)</sup>** |

---

**A-STAR: Key Features**

**Income**

Interest payments aim to provide current income generation through monthly distributions which are supplemented by risk adjusted returns.<sup>(11)</sup>

**Access**

Investors gain access to Antares' cycle-tested credit platform with expertise from origination to portfolio management.

**Risk Management**

Direct access to borrowers through a lead lender position enables proactive oversight. Emphasis is placed on constructing a portfolio of senior secured loans, which offer higher priority in the capital structure and generally may return better recovery rates<sup>(12)</sup> in default scenarios.

**Structure**

Monthly subscriptions, semi-annual repurchase offers and 1099 tax reporting provide investors access to an asset class that was traditionally reserved for institutional investors.<sup>(13)</sup>

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**ANTARES CAPITAL**<br> **KEY STATS**<br>**1996**<br> Year Founded<br>**~$95B**<br> Capital Under Management and<br> Administration<sup>(14)</sup><br>**~$21B**<br> Average Annual Originations<br> Volume<sup>(15)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For nearly 30 years, Antares has been a leader in originating loans to support the growth of middle market private equity-owned companies in recession resistant industries with established market positions, demonstrated performance and strong management teams. With one of the most seasoned teams in the industry, Antares is focused on delivering attractive risk-adjusted returns for investors and creating long term value for all of its partners. The firm maintains offices in Atlanta, Chicago, Los Angeles, New York, Toronto and London. |

---

**Disclosure Statement**

The materials presented herein are provided to you solely for discussion purposes and solely to provide background information about Antares Capital Management LLC ("ACM") and/or any of its consolidated subsidiaries or joint ventures whose equity securities or whose subordinated notes or other interests that constitute the economic equity therein, as applicable, are directly or indirectly majority-owned by ACM, including, but not limited to, Antares Capital Credit Advisers LLC ("ACCA") (collectively, "Antares" and each individually an "Adviser Party") and about the other matters covered herein and, except as set forth in the paragraph titled Confidentiality below, do not constitute an agreement, or an offer, commitment to offer, or agreement to sell any loans, securities or other assets including interests in any fund or vehicle described in the materials or advised or sponsored by an Adviser Party or to enter into any other agreement and shall not be construed to create any fiduciary, advisory or other relationship or the provision of any investment advice or service. A private offering of interests in any fund or other investment vehicle sponsored by or any investment advisory arrangement entered into by ACCA with any investment advisory client thereof (any such fund, investment vehicle or investment advisory arrangement, an "Advised Client") will be made only pursuant to the applicable documents relating to such Advised Client (collectively, the "Documents") including, but not limited to, a confidential private placement memorandum or other applicable disclosure documents (together with any modifications or supplements thereto, collectively with respect to a specific Advised Client, as applicable, a "Memorandum"). With respect to any specific Advised Client, the information contained herein will be superseded by, and is qualified in its entirety by reference to, the Documents and Memorandum relating to such Advised Client and regulatory filings to the extent applicable to such Advised Client. The materials contained herein are not intended, nor should they be construed or implied, to be a recommendation or advice of any kind. The information set forth herein has been compiled as of the date(s) noted, is preliminary and subject to change. There is no obligation on the part of any Adviser Party to update the information provided herein after the date hereof. No Adviser Party nor any affiliate thereof represents or warrants the accuracy, completeness or reliability of any of the materials contained herein, either expressly or impliedly, for any particular purpose, and shall have no duty to update or correct any such information. Without in any way limiting the generality of the foregoing, you understand that certain of the historical or other information provided herein is based on information provided by predecessors in interest to Antares or by other third parties, and no Adviser Party nor any affiliate thereof makes any representation or warranty regarding the accuracy, completeness or reliability of any such information. In no event will any Adviser Party be liable for any losses or damages arising from or as a result of the use of the information or the materials contained herein.

The materials presented herein are not provided and should not be deemed to be provided, for purposes of soliciting participation in any investment of any kind, and no Adviser Party is nor should be deemed to be, sponsoring, participating in, or soliciting any investment of any kind.

Notwithstanding the foregoing, each recipient (and each employee, representative, or other agent thereof) may disclose to any and all persons, without limitation of any kind, the tax treatment and tax structure of ACCA and its existing fund investments and all materials of any kind (including opinions or other tax analyses) that are provided to such investor or prospective investor relating to such tax treatment and tax structure, provided, however, that such disclosure shall not include the name (or other identifying information not relevant to the tax structure or tax treatment) of any person and shall not include information for which nondisclosure is reasonably necessary in order to comply with applicable securities laws.

Except for any forward-looking statement contained herein, the materials presented herein relating to performance of Antares or of any Adviser Party, its businesses and/or joint ventures and its assets are indicative only of the historical performance thereof (and, in certain instances, its predecessors), those businesses and/or joint ventures and such assets, as applicable. These materials are not intended to provide any assurance and should not be used to project or predict future performance of Antares, any Adviser Party, any such businesses and/or joint ventures, any such assets or any Advised Client.

The materials presented herein may include certain projections, forecasts and estimates that are forward-looking statements. Any such forward-looking statements are based on certain assumptions about future events and are subject to various risks and uncertainties. Forward-looking statements are necessarily speculative in nature and it should be expected that some or all of the assumptions underlying them will not materialize or will vary significantly from actual results. Accordingly, actual results will vary from the projections, and such variations may be material. Some important factors that could cause actual results to differ materially from those in any forward-looking statements contained in these materials include, without limitation, changes in interest rates, default and recovery rates, market, financial or legal uncertainties, the timing of acquisitions of loans, the types of loans acquired, differences in the actual allocation of loans from those assumed mismatches between the time of accrual and receipt of interest proceeds from the loans and whether or not and how loan investments may be leveraged. Any such forward-looking statements are not guaranteeing of future performance and there is no obligation on the part of any Adviser Party to update any such forward-looking statement.

**Confidentiality**

This presentation is provided on a confidential basis for informational purposes only and may not be reproduced in any form. The materials presented herein are proprietary and confidential to Antares and may not be disclosed to any other party without the prior written consent of ACCA. The materials presented herein constitute confidential information which, by your receipt hereof, you agree you will keep confidential using the same standard of care you use in protecting your own confidential information of a similar nature and that you will disclose only on a confidential basis to your shareholders, partners, members, managers, directors, officers, employees, personnel and agents ("Representatives") in connection with your evaluation of your interest in holding discussions with ACCA or any other Adviser Party, and you will direct each Representative to treat such information as confidential and you agree that you shall be responsible for any breach of this agreement by you or by any of your Representatives. You may disclose without liability any such confidential information if such disclosure is reasonably believed by your legal counsel to be compelled or required by any law, court decree, subpoena, legal or administrative order or process, or legitimate request of any governmental agency or authority (collectively, an "Order"). Unless prohibited by the terms of an Order, you shall notify ACCA of the receipt of any such Order and reasonably cooperate with any attempt by any Adviser Party to obtain an appropriate protective order. Any such confidential information will be returned by you and your Representatives on ACCA's request provided you may retain such information (subject to the restrictions in this paragraph) to the extent you are required to comply with applicable law or regulation. Except for the maintenance of confidentiality on these terms, the commencement of discussions shall not create any other obligation either of you or of any Adviser Party of any kind and no such obligation can be created except by a duly authorized, executed and delivered written agreement. This paragraph shall not supersede or replace any other confidentiality and non-disclosure agreement entered into by you or any of your affiliates with Antares or any Adviser Party but shall be in addition thereto provided, however, that if there is any conflict between the terms of such agreement and the terms hereof, the terms of such agreement shall control. Antares will not interpret the foregoing to: (i) prohibit you from reporting possible violations of applicable law or regulation to any U.S. governmental agency or entity, or making other disclosures that are protected under the whistleblower provisions of applicable law or regulation; or (ii) require you to provide notification that you have made such reports or disclosures.

**For Benefit Plan Investors**

Not in limitation of the foregoing, if you are (or are acting on behalf of) a person that is a "benefit plan investor", as defined in Section 3(42) of ERISA and DOL regulations ("Benefit Plan Investor") you are not authorized to, and should not, rely on any information any Adviser Party is providing to you as a basis for, or otherwise in connection with, making a decision whether or not to invest with or through any Adviser Party. No Adviser Party has provided and none will provide any investment advice of any kind whatsoever (whether impartial or otherwise) and no Adviser Party is acting as a fiduciary, within the meaning of Section 3(21) of ERISA, and regulations thereunder, to the Benefit Plan Investor or to any fiduciary or other person making investment decisions on behalf of the Benefit Plan Investor, in connection with these materials or any related presentation.

**Additional Matters and Important Information for All Non-U.S. Investors**

An interest in an Advised Client and any other products or services referenced in this presentation may not be licensed in all jurisdictions, and unless otherwise indicated, no regulator or government authority has reviewed this document or the merits of an interest in any Advised Client or the products and services referenced herein. If you receive a copy of this presentation, you may not treat this as constituting a public or other offering and you should note that there may be restrictions or limitations to whom these materials may be made available. This presentation is directed at and intended for institutional investors (as such term is defined in the various jurisdictions). This presentation is provided on a confidential basis for informational purposes only and may not be reproduced in any form. Before acting on any information in this presentation, prospective investors and/or investment advisory clients should inform themselves of and observe all applicable laws and regulations of any relevant jurisdictions. Prospective investors and/or investment advisory clients should inform themselves as to the legal requirements and tax consequences within the countries of their citizenship, residence, domicile and place of business with respect to the acquisition, holding or disposal of interests in any Advised Client or the ongoing provision of services, and any foreign exchange restrictions that may be relevant thereto. No Adviser Party accepts any responsibility, nor can they be held liable for any person's use of or reliance on the information and opinions contained herein. Any entity responsible for forwarding this material to other parties takes responsibility for ensuring compliance with applicable securities laws.

**Notice to persons in the European economic area and the United Kingdom**

This presentation is being made available: (1) to persons in the European economic area only if they are professional investors as defined in the Alternative Investment Fund Managers Directive (2001/61/EU); and (2) to persons in the United Kingdom only if they are professional investors, as defined in the Alternative Fund Managers Regulations 2013 and fall within the following categories of exempt persons under the Financial Services and Market Act (Financial Promotion) Order 2005 (the "FPO") and the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001 (the "CISPO"): (i) persons who are investment professionals, as defined in article 19(5) of the FPO and article 12(5)of the CISPO; (ii) persons who are high net worth companies, unincorporated associations etc., as defined in article 49(2)(a) to (d) of the FPO and article 22(2)(a) to (d) of the CISPO; or (iii) persons to whom it may otherwise lawfully be communicated. This presentation is provided for informational purposes only and does not constitute as offer to purchase, acquire, or subscribe for any type of investment.

**RISK FACTORS**

**Investment in the Common Shares involves a high degree of risk, including credit risk and the risk of the use of leverage, and is highly speculative. Accordingly, investment in the Common Shares is suitable only for sophisticated investors and requires the investors to have the financial ability and willingness to accept the high risks and lack of liquidity inherent in an investment in the Common Shares.**

**Investors in the Fund must be prepared to bear such risks for an extended period of time. No assurance can be given that the Fund's investment objective will be achieved or that investors will receive a return of their capital. In making an investment decision, investors must rely on their own examination of the Fund and the terms of this offering, including the merits and risks involved.**

**This investment involves a high degree of risk. You should purchase these securities only if you can afford the complete loss of your investment.**

Quasar Distributors, LLC serves as the placement agent for Antares Strategic Credit Fund.

Capital activity is as of June 30, 2026 throughout, unless otherwise noted. Portfolio information referred to throughout is as of March 31, 2026, unless otherwise noted.

**Footnotes**

&nbsp;&nbsp;&nbsp;&nbsp;1. Please
 note, this represents an estimate based on a full 7.5% redemption using the NAV as of April 30,
 2026 as a proxy. This amount is inclusive of subscriptions for the period January 1,
 2026 – June 1, 2026 and DRIP for the period January 1, 2026 – May 1,
 2026.

&nbsp;&nbsp;&nbsp;&nbsp;2. Represents
 capital additions expressed as shares, inclusive of subscriptions for the period January 1,
 2026 – June 1, 2026 and DRIP for the period January 1, 2026 – May 1,
 2026, divided by outstanding shares as of December 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;3. Current
 performance may be higher or lower than the performance quoted above. Past performance is
 not a reliable indicator of future performance and future results may vary materially. Returns
 shown are representative of annualized total returns since inception. Total return is calculated
 as the change in net assets per share during the period, plus distributions per share (assuming
 distributions are reinvested in accordance with the Fund's distribution reinvestment plan),
 divided by the net assets per share at the beginning of the period.

&nbsp;&nbsp;&nbsp;&nbsp;4. Distribution
 rate is calculated by annualizing the next month's declared distribution by share by
 the most recent month-end NAV. Note that since inception (January 19, 2024), distributions
 have been paid from net investment income and have not included any return of capital to
 date.

&nbsp;&nbsp;&nbsp;&nbsp;5. Represents
 total loan commitments as of April 30, 2026.

&nbsp;&nbsp;&nbsp;&nbsp;6. Number
 of portfolio companies, inclusive of the private credit and liquid credit portfolios, as
 of March 31, 2026.

&nbsp;&nbsp;&nbsp;&nbsp;7. As
 of March 31, 2026, there were 2 portfolio companies with loans on non-accrual status
 (fair value of $6.1 million). Loans are generally placed on non-accrual status when there
 is reasonable doubt that principal or interest will be collected in full. Accrued interest
 is generally reversed when a loan is placed on non-accrual status. Non-accrual loans are
 restored to accrual status when past due principal and interest is paid current and, in management's
 judgment, are likely to remain current. Management may make exceptions to this treatment
 and determine to not place a loan on non-accrual status if the loan has sufficient collateral
 value and is in the process of collection.

&nbsp;&nbsp;&nbsp;&nbsp;8. Includes
 all private loan investments for which fair value is determined by Antares Capital Credit
 Advisers LLC ("the Adviser") at least quarterly (with assistance, as applicable,
 from a third-party valuation firm, and subject to oversight by the Board). Portfolio metrics
 are based on latest unaudited financial statements received by the Adviser and its affiliates
 as of March 31, 2026. Loan-to-Value ("LTV") is calculated as net debt through
 each respective investment tranche in which the Company holds an investment divided by estimated
 enterprise value or value of the underlying collateral of the portfolio company. Weighted
 average LTV is weighted based on the funded commitment of the total applicable private loans.

&nbsp;&nbsp;&nbsp;&nbsp;9. Net
 leverage ratio as of April 30, 2026 is calculated as principal debt outstanding less
 cash, foreign currencies, and short-term investments divided by NAV.

&nbsp;&nbsp;&nbsp;&nbsp;10. Represents
 the ratio of unused financing facility capacity and cash held by the fund as of April 30,
 2026 to estimated repurchases based on April 30, 2026 NAV per share. Please note, unused
 financing facility capacity is subject to borrowing base availability and the 8x multiple
 does not take leverage limits into consideration.

&nbsp;&nbsp;&nbsp;&nbsp;11. Distributions
 are subject to modification or suspension and are not guaranteed in frequency or amount.

&nbsp;&nbsp;&nbsp;&nbsp;12. Based
 on principal recovered and realized gains from debt-to-equity conversions. Although loans
 are senior in the capital stack and secured by collateral, there is no assurance the value
 of the collateral will be sufficient in the event of default. Senior secured loans can experience
 losses.

&nbsp;&nbsp;&nbsp;&nbsp;13. Generally
 defined to include banks, insurance companies, investment companies as defined in the 1940
 Act, pension or profit sharing trusts and certain other financial institutions.

&nbsp;&nbsp;&nbsp;&nbsp;14. Capital
 Under Management and Administration ("CUMA") includes, without duplication, Antares
 Holdings (an affiliated, non-discretionary portfolio, also referred to as the "Platform
 Balance Sheet"), Antares Capital Management LLC ("ACM"), third-party managed
 vehicles, and contract investor programs and is calculated as the sum of: (i) for CLOs,
 ACM and the Platform Balance Sheet, the sum of total outstanding principal balance of loans
 and loan commitments, equity-related investments, cash, restricted cash and cash equivalents;
 excludes CLO structured financings in place for accounts included in (iii) below; (ii) for
 BDCs, third-party net subscriptions and target operating leverage; (iii) for actively
 investing advised accounts and contract investor programs, the total equity commitments and,
 with respect to actively investing advised accounts, maximum leverage limits per the applicable
 limited partnership agreement or other governing document of such accounts; and (iv) for
 advised accounts or contract investor programs that are no longer investing, total outstanding
 principal balance of loans and loan commitments held by such vehicles. For purposes of the
 foregoing clauses (ii) and (iii), the target operating leverage and maximum leverage
 limits, respectively, included herein may be different from the actual amount of leverage
 applied in the case of any given account. Contract investor programs are not advised clients
 and are either self-directed or managed by a third party. For the avoidance of doubt, CUMA
 is not intended to be the same as (and is calculated differently as compared to) Antares
 Capital Advisers LLC's, Antares Capital Credit Advisers LLC's, Antares Liquid
 Credit Strategies LLC's, or Antares Liquidity Solutions LLC's regulatory assets
 under management, as reported under Item 5.F on Part 1 of Form ADV. Please contact
 Antares with any questions.

&nbsp;&nbsp;&nbsp;&nbsp;15. For
 the period from 2016 – March 31, 2026. Originations refers to Antares Capital's
 final legal commitment amount and / or any mandated best efforts amounts that closed on average
 from 2016 – March 31, 2026.

## Ex-Filing

?xml version='1.0' encoding='ASCII'? EX-FILING FEES

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Calculation of Filing Fee Tables** <br>

---

| | | | |
|:---|:---|:---|:---|
| | | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Transaction Valuation**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Amount of Filing Fee**  |
| Fees to be Paid |  |  |  |
| Fees Previously Paid | 1 | $151291553.08 | $20893.36 |
|  | Total Transaction Valuation: | $151291553.08  |  |
|  | Total Fees Due for Filing: |  | $20893.36  |
|  | Total Fees Previously Paid:  |  | $20893.36  |
|  | Total Fee Offsets:  |  | $0.00  |
|  | Net Fee Due:  |  | $0.00  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Offering Note** <br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>1</sup> The transaction value is calculated as the estimated aggregate maximum purchase price for Shares. The fee of $20,893.36 was paid in connection with the filing of the Schedule TO-I by Antares Strategic Credit Fund (File No. 005-95034) on May 14, 2026 (the "Schedule TO"). Calculated at $138.10 per $1,000,000.00 of the Transaction Valuation in accordance with Rule 0-11 under the Securities Exchange Act of 1934, as amended, as modified by Fee Rate Advisory No. 1 for fiscal year 2026.

---

| |
|:---|
| |
| Fee Offset Claims |
| Fee Offset Sources |

---