The business development company also reported a preliminary April net asset value of $19.21 per share and a $1.9 billion investment portfolio.

May 28, 2026

Vista Credit Strategic Lending Corp., a Maryland-incorporated business development company headquartered in New York, has disclosed the unregistered sale of common stock generating just over $5 million in fresh proceeds, according to a recent disclosure submitted to the Securities and Exchange Commission.

Details of the Share Sale

The transaction was dated as of May 1, 2026, with the final share count determined on May 21, 2026. The company issued the following shares:

• Class I common stock: 254,970.884 shares
• Class S common stock: 7,810.206 shares
• Total consideration: $5,046,897

No Class D shares were issued as part of the round, and none were outstanding as of the reporting date.

The shares were sold pursuant to subscription agreements between the company and its investors. Vista Credit relied on exemptions from registration under Section 4(a)(2) of the Securities Act of 1933 and either Regulation D or Regulation S, depending on each investor’s status. The company stated that it relied on representations from stockholders confirming they were either accredited investors under Regulation D or not classified as U.S. persons under Regulation S.

Net Asset Value and Portfolio Snapshot

Alongside the capital raise, Vista Credit shared a preliminary estimate of its net asset value as of April 30, 2026. The figure came in at $19.21 per share across each class of common stock. Management emphasized that the estimate is an internal calculation that has not been audited, reviewed, or otherwise verified by Deloitte & Touche LLP, the company’s independent registered public accounting firm, or any other outside accountant.

The disclosure also offered a snapshot of the company’s broader portfolio scale at the end of April:

• Total investments at fair market value plus unfunded commitments: $1.9 billion
• Debt-to-equity ratio: 0.82x

Context and Company Profile

The latest capital raise underscores Vista Credit’s continued reliance on private placement activity as a funding mechanism, a strategy consistent with non-traded business development companies that grow through periodic subscription closings rather than secondary market trading. The company currently has no securities registered on a national exchange and continues to operate under emerging growth company status.

The disclosure was signed by Chief Financial Officer Ross Teune on May 27, 2026. Vista Credit is based at 50 Hudson Yards in Manhattan and forms part of the broader private credit platform affiliated with Vista, an investment firm focused on enterprise software and related markets.