debt
confidence high
sentiment positive
materiality 0.60
5C Lending increases revolving credit facility to $250M and reports $468.2M in investments
5C Lending Partners Corp.
- Credit facility raised from $215M to $250M with $50M available for standby letters of credit.
- Total investments of $468.2M aggregate principal ($318.8M funded, $149.4M unfunded) across 16 portfolio companies.
- New commitments include senior secured credit facilities backing take-privates of Triumph Group and SolarWinds.
- Also committed to acquisitions of Gallo Mechanical, AGS Health, and Keystone Agency Partners.
- Upsized facilities for Dental365 and Highstreet Insurance Partners to fund tuck-in acquisitions.
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