Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.99
Crescent Private Credit Income Corp incurred credit facility of $150 million with a feature allowing increase to a maximum of $500 million with JPMorgan Chase Bank, National Association at Term SOFR (or other applicable benchmark) plus a margin of 2.60% (or 2.7193% in maturing Reinvestment period ending December 8, 2026; final maturity December 8, 2028.
- Instrument
- credit facility
- Principal
- $150 million with a feature allowing increase to a maximum of $500 million
- Counterparty
- JPMorgan Chase Bank, National Association
- Rate
- Term SOFR (or other applicable benchmark) plus a margin of 2.60% (or 2.7193% in
- Maturity
- Reinvestment period ending December 8, 2026; final maturity December 8, 2028
- Event
- incurrence
Exact text from the filing
On December 8, 2023, Crescent Private Credit Income Corp. (the “Fund”) entered into a Loan and Security Agreement (the “JPM Funding Facility”), as servicer, with CPCI Funding SPV, LLC, a wholly owned subsidiary of the Fund (the “Borrower”), as borrower, the lenders party thereto, U.S. Bank Trust Company, National Association, as collateral agent and collateral administrator, U.S. Bank National Association, as securities intermediary, and JPMorgan Chase Bank, National Association, as administrative agent, that provides a secured credit facility of $150 million with a reinvestment period ending December 8, 2026 and a final maturity date of December 8, 2028.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Crescent Private Credit Income Corp entered into JPM Funding Facility with JPMorgan Chase Bank, National Association valued at $150 million (effective 2023-12-08).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- JPMorgan Chase Bank, National Association
- Value
- $150 million
- Effective
- 2023-12-08
Exact text from the filing
Crescent Private Credit Income Corp. (the “Fund”) entered into a Loan and Security Agreement (the “JPM Funding Facility”), as servicer, with CPCI Funding SPV, LLC, a wholly owned subsidiary of the Fund (the “Borrower”), as borrower, the lenders party thereto, U.S. Bank Trust Company, National Association, as collateral agent and collateral administrator, U.S. Bank National Association, as securities intermediary, and JPMorgan Chase Bank, National Association, as administrative agent, that provides a secured credit facility of $150 million
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Crescent Private Credit Income Corp entered into Contribution Agreement with CPCI Funding SPV, LLC (effective 2023-12-08).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- CPCI Funding SPV, LLC
- Effective
- 2023-12-08
Exact text from the filing
on December 8, 2023, the Fund, as seller, and the Borrower, as purchaser, entered into a Sale and Contribution Agreement (the “Contribution Agreement,” and together with the JPM Funding Facility, the “Borrower Agreements”)
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