Silvercrest extends $10M revolving credit facility maturity to June 2024

Silvercrest Asset Management Group Inc.

Twelfth Amendment extends $10M revolver maturity from June 18, 2023 to June 18, 2024.
Existing $25.5M delayed draw term loan maturing July 1, 2026 unchanged.
Credit facility secured by certain assets of Silvercrest L.P. and borrower subsidiaries.
All other terms of the credit agreement remain in full force and effect.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Silvercrest Asset Management Group Inc. amended Twelfth Amendment to the Credit Agreement with City National Bank valued at $10.0 million (effective 2023-06-15).

Action: amendment
Agreement: credit facility
Counterparty: City National Bank
Value: $10.0 million
Effective: 2023-06-15

Exact text from the filing

On June 15, 2023, the Credit Parties and City National Bank entered into the Twelfth Amendment to the Credit Agreement (the “Twelfth Amendment”) whereby the $10.0 million revolving credit facility maturity date was extended until June 18, 2024.

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Source: SEC EDGAR

accession 0000950170-23-028277

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