Silvercrest updates credit facility terms with City National

Silvercrest Asset Management Group Inc. reported that subsidiaries of Silvercrest L.P. entered into a Second Amendment to their Amended and Restated Credit Agreement with City National Bank on June 18, 2026.

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Form Type

8-K

Rhea-AI Filing Summary

Silvercrest Asset Management Group Inc. reported that subsidiaries of Silvercrest L.P. entered into a Second Amendment to their Amended and Restated Credit Agreement with City National Bank on June 18, 2026. The amendment updates key terms for the company’s borrowing arrangements.

The stated term loan maturity date now falls on June 18, 2029, with two additional one-year extension options. The term loan draw period runs until June 18, 2028, with a term loan commitment of $5.0 million. The revolving credit facility of $10.0 million now has a maturity date of June 18, 2027, and Silvercrest L.P. continues to guarantee its subsidiaries’ obligations.

8-K Event Classification

3 items: 1.01, 2.03, 9.01

3 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Financial

The company incurred a new significant debt or off-balance-sheet obligation.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Term loan commitment: $5.0 million Revolving credit facility size: $10.0 million Term loan maturity: June 18, 2029 +2 more

5 metrics

Term loan commitment $5.0 million As of Second Amendment on June 18, 2026

Revolving credit facility size $10.0 million Facility size under amended agreement

Term loan maturity June 18, 2029 Stated maturity date with two one-year extension options

Term loan draw period end June 18, 2028 Last date to draw on term loan

Revolver maturity June 18, 2027 Maturity of $10.0 million revolving credit facility

Key Terms

Material Definitive Agreement, Second Amendment to Amended and Restated Credit Agreement, term loan commitment, revolving credit facility, +1 more

5 terms

Material Definitive Agreement regulatory

"Item 1.01 Entry into a Material Definitive Agreement."

A material definitive agreement is a legally binding contract that creates major, long‑term obligations or rights for a company, such as loans, asset sales, mergers, or supplier deals. Think of it like a mortgage or lease for a business: it can change future cash flow, risk and control, so investors watch these agreements closely because they can materially affect a company’s value, financial health and stock price.

Second Amendment to Amended and Restated Credit Agreement financial

"entered into a Second Amendment to Amended and Restated Credit Agreement"

term loan commitment financial

"the term loan commitment as of the date of the Second Amendment is $5.0 million"

revolving credit facility financial

"the $10.0 million revolving credit facility maturity date is June 18, 2027"

A revolving credit facility is a type of loan that a business can borrow from whenever it needs money, up to a set limit. It’s like having a credit card for companies—allowing them to borrow, pay back, and borrow again as needed, providing flexibility for managing cash flow or funding short-term expenses.

guarantor financial

"acknowledged by Silvercrest L.P., as guarantor"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What credit agreement did Silvercrest Asset Management Group (SAMG) amend?

Silvercrest subsidiaries entered a Second Amendment to their Amended and Restated Credit Agreement with City National Bank. This amendment adjusts maturity dates, draw periods, and commitments for the term loan and revolving credit facility.

What is the new term loan maturity date for Silvercrest (SAMG)?

The stated term loan maturity date is now June 18, 2029. The agreement also provides two separate one-year extension options, potentially extending the term if exercised under the conditions of the credit agreement.

How large is Silvercrest’s term loan commitment under the amended facility?

The term loan commitment as of the date of the Second Amendment is $5.0 million. This amount reflects the committed borrowing capacity available to the company under the term loan portion of the facility.

What are the terms of Silvercrest’s revolving credit facility in this 8-K?

The revolving credit facility under the amended agreement is $10.0 million with a maturity date of June 18, 2027. This provides ongoing revolving borrowing capacity alongside the separate term loan commitment.

Who guarantees the amended credit facility for Silvercrest (SAMG)?

Silvercrest L.P. guarantees the obligations of its borrower subsidiaries under the amended credit facility. This guarantee supports the lenders by backing the credit parties’ obligations to City National Bank.

Which Silvercrest entities are borrowers under the amended credit agreement?

Borrowers include Silvercrest Asset Management Group LLC, Silvercrest Investors LLC, Silvercrest Investors II LLC, and Silvercrest Financial Services, Inc. These entities access the term loan and revolving credit facility provided by City National Bank.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/18/2026 - 04:03 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 18, 2026

SILVERCREST ASSET MANAGEMENT GROUP INC.

(Exact name of registrant as specified in its charter)

     Delaware

     001-35733

     45-5146560

     (State or other jurisdiction
of incorporation)

     (Commission
File Number)

     (IRS Employer
Identification No.)

     1330 Avenue of the Americas, 38th Floor
New York, New York

     10019

     (Address of principal executive offices)

     (Zip Code)

Registrant’s telephone number, including area code: (212) 649-0600

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class:	Trading Symbol(s)	Name of each exchange on which registered:
Class A common stock, $0.01 par value per share	SAMG	Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement.

On June 18, 2026, the subsidiaries of Silvercrest L.P. entered into a Second Amendment to Amended and Restated Credit Agreement (the “Second Amendment”) with City National Bank. Certain subsidiaries of Silvercrest L.P. are the borrowers under such facility and Silvercrest L.P. guarantees the obligations of its subsidiaries under the credit facility (Silvercrest L.P. and such borrower subsidiaries collectively, the “Credit Parties”). Pursuant to the Second Amendment, (i) the stated term loan maturity date terminates on June 18, 2029, subject to two one-year extension options, (ii) the term loan draw date terminates on June 18, 2028, (iii) the term loan commitment as of the date of the Second Amendment is $5.0 million, and (iv) the $10.0 million revolving credit facility maturity date is June 18, 2027.

The foregoing description of the Second Amendment is only a summary, does not purport to be complete, and is qualified in its entirety by reference to the full text of the Second Amendment which is filed herewith as Exhibit 4.1 and incorporated herein by reference.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information included in Item 1.01 above is hereby incorporated by reference in its entirety into this Item 2.03.

Item 9.01 Financial Statements and Exhibits.


Exhibit Number		Description

4.1		Second Amendment to Amended and Restated Credit Agreement, dated as of June 18, 2026, among Silvercrest Asset Management Group LLC, Silvercrest Investors LLC, Silvercrest Investors II LLC and Silvercrest Financial Services, Inc., as borrowers, City National Bank, a national banking association, and acknowledged by Silvercrest L.P., as guarantor.

104		Cover Page Interactive Data File (embedded within Inline XBRL document).

SIGNATURE

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.

Dated: June 18, 2026


Silvercrest Asset Management Group Inc.

By:	/s/ Scott A. Gerard
	Name: Scott A. Gerard
	Title: Chief Financial Officer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

2 documents