debt
confidence high
sentiment positive
materiality 0.70
Brightwood Capital ups credit facility to $350M, extends to 2028, cuts margin to 2.15%
Brightwood Capital Corp I
- Facility Amount increased to $350 million from prior amount under Fifth Amendment.
- Commitment Termination Date extended to December 18, 2028.
- Applicable Margin reduced to 2.15% from 2.75% over benchmark.
- First Foundation Bank exits as lender; Bank OZK named Joint Lead Arranger.
- Rolling Six-Month Default Ratio Test definition revised to include any of five prior settlement periods.