debt
confidence high
sentiment positive
materiality 0.65
Monroe Capital Income Plus amends credit facility: ups size to $690M, extends to 2028, lowers rate
Monroe Capital Income Plus Corp
- Facility size increased to up to $690M; maturity extended to August 6, 2028.
- Interest rate reduced to SOFR+2.05% during reinvestment period; SOFR+3.25% during amortization.
- New lenders added: Western Alliance Bank, ING Capital, Sumitomo Mitsui Trust Bank, Hancock Whitney.
- Two exiting lenders (Georgia Banking Company and Bank of Hope) repaid and removed; unused fee set at 0.35%.
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