debt
confidence high
sentiment positive
materiality 0.65
Crescent Private Credit Income Corp. expands JPM credit facility to $375M, lowers interest margin
Crescent Private Credit Income Corp
- Facility size increased from $150M to $375M under Amendment No. 3 to JPM Funding Facility.
- Interest rate margin reduced from 2.25% to 2.13% (Term SOFR +) and for GBP from 2.3693% to 2.2493%.
- Amendment effective May 29, 2025; upfront fee payable to lenders as specified in Third Amendment Effective Date Letter.
- Borrowings remain subject to existing covenants and leverage restrictions under the Investment Company Act.
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