Andalusian Credit Company subsidiary enters into $50M revolving credit facility with CIBC Bank USA

Andalusian Credit Company, LLC

On Dec 12, 2025, ACC Financing SPV II, LLC entered into a Credit Agreement for an initial $50M revolving credit facility, expandable to $150M.
Interest rates range from SOFR+1.90% to SOFR+2.00% (or Base Rate+0.90% to +1.00%) depending on usage level.
The facility matures on Dec 12, 2026, with a possible one-year extension subject to Administrative Agent and lender consent.
A non-use fee of 0.35% per annum is payable on the average daily unused portion of the revolving commitments.
Obligations are secured by the company's personal property and a collateral assignment of the guarantor's capital call rights from investors.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

Andalusian Credit Company, LLC incurred revolving credit of $50,000,000 initial aggregate, up to $150,000,000 with CIBC Bank USA at term 1 Month SOFR plus 1.90% or Base Rate plus 0.90% if Revolving Outstandings e maturing December 12, 2026 (Stated Maturity Date), extendable up to one year.

Instrument: revolving credit
Principal: $50,000,000 initial aggregate, up to $150,000,000
Counterparty: CIBC Bank USA
Rate: term 1 Month SOFR plus 1.90% or Base Rate plus 0.90% if Revolving Outstandings e
Maturity: December 12, 2026 (Stated Maturity Date), extendable up to one year
Event: incurrence

Exact text from the filing

The Credit Agreement provides for Loans in U.S. dollars in an initial aggregate amount of up to $50,000,000 with an option for the Company to request, at one or more times, that existing and/or new lenders, at their election, provide up to $150,000,000.

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Source: SEC EDGAR

accession 0001104659-25-122230

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