secwatch / observer
8-K filed April 11, 2024, 7:59 PM ET CIK 0001742313
debt confidence high sentiment neutral materiality 0.65

Monroe Capital Income Plus Corp: debt financing — Monroe Capital Income Plus increases credit facility from $119.5M to $194.5M

Monroe Capital Income Plus Corp

Key facts

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 amended credit facility of from $119.5 million of aggregate commitments to $194.5 million of aggregate commitments with KeyBank National Association.

Instrument
credit facility
Principal
from $119.5 million of aggregate commitments to $194.5 million of aggregate commitments
Counterparty
KeyBank National Association
Event
amendment
Exact text from the filing
the Facility Amount under the Credit Facility’s accordion feature was increased from $119.5 million of aggregate commitments to $194.5 million of aggregate commitments
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Monroe Capital Income Plus Corp amended Credit Agreement with KeyBank National Association valued at $119.5 million of aggregate commitments to $194.5 million of aggregate commitments (effective 2024-04-09).

Action
amendment
Agreement
credit facility
Counterparty
KeyBank National Association
Value
$119.5 million of aggregate commitments to $194.5 million of aggregate commitments
Effective
2024-04-09
Exact text from the filing
On April 9, 2024, Monroe Capital Income Plus Corporation (the “Company”), increased the Facility Amount pursuant to the accordion feature of the Term Credit and Security Agreement, dated December 20, 2022 (as amended, the “Credit Agreement”), between MC Income Plus Financing SPV II LLC, a wholly-owned subsidiary of the Company as borrower (the “Borrower”), and the Company, as collateral manager, with KeyBank National Association, as administrative agent (the “Administrative Agent”) and lead arranger, the lenders from time to time party thereto, U.S. Bank Trust Company, National Association, as collateral agent and collateral administrator, and U.S. Bank National Association, as document custodian (the “Credit Facility”).
View on SEC.gov

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Source: SEC EDGAR
accession 0001104659-24-046305
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