debt
confidence high
sentiment positive
materiality 0.50
Lord Abbett Private Credit Fund: debt financing — Lord Abbett Private Credit Fund extends revolver maturity to Oct 2030, cuts margin by up to 20 bps
Lord Abbett Private Credit Fund
- Revolving period extended from Jan 2028 to Oct 2028; maturity extended from Jan 2030 to Oct 2030.
- Applicable margin reduced to 1.60%-1.80% (floor 1.80%) from 1.60%-2.00% (floor 1.90%).
- Amendment effective October 2, 2025; no event of default continuing.
- Bank of America remains administrative agent and sole lead arranger.