debt
confidence high
sentiment positive
materiality 0.40
Star Mountain amends credit facility; borrowing spread lowered to 2.30%
Star Mountain Lower Middle-Market Capital Corp
- Entered Fifth Amendment to Loan and Servicing Agreement with Webster Bank and seven other lenders.
- Applicable Spread reduced to 2.30% (plus 2.00% additional during an Event of Default).
- All other material terms of the credit facility remain unchanged.
- Amendment dated and effective June 27, 2025; signed by CEO Brett Hickey.
- Lenders include Dime Community Bank, First Foundation Bank, Mitsubishi HC Capital, and others.
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