debt
confidence high
sentiment positive
materiality 0.55
SLR Investment Corp. expands credit facility to $700M, cuts pricing, extends maturity to 2026
SLR Investment Corp.
- Credit facility increased from $620M to $700M; maturity extended to December 2026 (from 2024).
- Pricing reduced by 25 bps to LIBOR + 175-200 bps based on borrowing base conditions.
- Amendment enhances investment flexibility; company holds investment-grade ratings from Fitch and Moody's.
- Co-CEOs note the action lowers average borrowing cost and extends average debt maturity.