debt
confidence high
sentiment positive
materiality 0.70
P10 expands credit facilities to $500M, extends maturity to 2028
Ridgepost Capital, Inc.
- New $175M revolver and $325M term loan mature August 1, 2028.
- Capacity can be increased by up to $125M subject to conditions.
- Interest rate: SOFR + 2.50% or base rate + 1.50% per annum.
- Term loan requires quarterly amortization starting Dec 2025 at 5% per annum of original amount.
- Proceeds to repay existing debt and fund organic/inorganic growth; JPMorgan, KeyBanc, Texas Capital Bank led.