debt
confidence high
sentiment neutral
materiality 0.50
Brookfield Private Equity Fund LP signs $200M revolving credit facility with CIBC as lead arranger
Brookfield Private Equity Fund LP
- Entered Oct 9, 2026 $200M senior secured revolver; commitments can increase to $500M with administrative agent and lender consent.
- Term SOFR loans bear interest at Term SOFR +3.15% (PIK portion +3.40%); ABR loans at ABR +2.15% (PIK +2.40%); 0.70% unused commitment fee.
- Matures Oct 8, 2027, with automatic one-month extensions if LTV ratio is at or below the maintenance level; lenders may decline extensions.
- Obligations secured by first-priority lien on all borrower assets, including interest in BPEF US Aggregator (ON) LP; limited recourse to collateral.
- Proceeds for investments, follow-on investments, redemptions/distributions, management/performance fees and hedging; March 2026 subordinated credit agreement subordinated.