debt
confidence high
sentiment neutral
materiality 0.25
Byline Bancorp renews $15M revolver with CIBC Bank, extends maturity to May 2025
BYLINE BANCORP, INC.
- Entered First Amendment to existing credit agreement, effective May 26, 2024.
- Revolving line of credit remains at $15M; maturity extended to May 25, 2025.
- Term loan facility of $20M unchanged; no other material modifications.
- Negative Pledge Agreement reaffirmed; warranties and representations restated.