debt
confidence high
sentiment neutral
materiality 0.50
Wintrust subsidiary extends receivables facility to $650M, matures Dec 2025
WINTRUST FINANCIAL CORP
- Facility limit increased from $520M to $650M (initially $580M, up to $650M by Nov 29, 2024).
- Commitment Maturity Date extended from Dec 15, 2024 to Dec 15, 2025.
- Wintrust reaffirmed its performance guarantee for First Insurance Funding of Canada Inc.
- Fee letter amended to update fund costs, rates, notices and fees.