debt
confidence high
sentiment neutral
materiality 0.50
Stonepeak-Plus Infrastructure Fund affiliate enters $100M revolving credit facility
Stonepeak-Plus Infrastructure Fund LP
- Initial principal amount of $100M; matures July 16, 2027, with 364-day extension option.
- Borrowings bear interest at SOFR + 2.40% or Reference Rate + 1.40% per annum.
- Obligations are non-recourse to the Fund; secured by distributions from investments.
- ING Capital LLC acts as administrative agent, lead arranger, sole bookrunner, and L/C issuer.
- Facility may be increased up to agreed amount subject to conditions and LTV ratio.
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