debt
confidence high
sentiment neutral
materiality 0.20
Silvercrest extends $10M revolver maturity to June 2023 via Eleventh Amendment
Silvercrest Asset Management Group Inc.
- Extends $10.0M revolving credit facility maturity from June 19, 2021 to June 18, 2023.
- $25.5M delayed draw term loan unchanged, matures July 1, 2026.
- Borrowers include Silvercrest Asset Management Group LLC, Silvercrest Investors LLC, Silvercrest Investors II LLC, Silvercrest Financial Services Inc.
- Facility secured by certain assets of Silvercrest L.P. and borrower subsidiaries.