debt
confidence high
sentiment neutral
materiality 0.60
Crescent Capital BDC ups revolving credit facility to $350M from $300M
Crescent Capital BDC, Inc.
- Credit facility increased by $50M to $350M under amendment dated March 4, 2022.
- MUFG Bank, Ltd. joined as a new lender with a $50M commitment.
- Borrowing remains subject to leverage restrictions under the Investment Company Act of 1940.
- Subsidiary guarantors reaffirmed their guarantees under the credit agreement.