Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Monroe Capital Income Plus Corp incurred credit facility of up to $100 million with Goldman Sachs Bank USA at Adjusted Term SOFR plus 2.95% per annum maturing April 5, 2029.
- Instrument
- credit facility
- Principal
- up to $100 million
- Counterparty
- Goldman Sachs Bank USA
- Rate
- Adjusted Term SOFR plus 2.95% per annum
- Maturity
- April 5, 2029
- Event
- incurrence
Exact text from the filing
The Credit Facility will allow the SPV to borrow an aggregate principal amount of up to $100 million. The maturity date of the Credit Facility is on or around April 5, 2029, unless there is an earlier termination of the Credit Facility or event of default thereunder . Borrowings under the Credit Facility will bear interest at the Adjusted Term Secured Overnight Financing Rate (“SOFR”) plus an applicable margin rate of 2.95% per annum.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Monroe Capital Income Plus Corp entered into Credit Agreement with Goldman Sachs Bank USA valued at $100 million (effective 2024-03-28).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Goldman Sachs Bank USA
- Value
- $100 million
- Effective
- 2024-03-28
Exact text from the filing
On March 28, 2024, Monroe Capital Income Plus Corporation (the “Company”) entered into a senior secured term credit facility (the “Credit Facility”) with Goldman Sachs Bank USA through a newly-created wholly-owned subsidiary, MC Income Plus Financing SPV III LLC (the “SPV”). In connection with this Credit Facility, the Company, as collateral manager, the SPV, as borrower, and each of the other parties thereto entered into a Credit Agreement, dated as of March 28, 2024 (the “Credit Agreement”).
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