secwatch.observer — SEC 8-K summary
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Issuer:     BCP Investment Corp (BCIC)
CIK:        0001372807
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001193125-22-142491
Event type: debt
Sentiment:  positive
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Portman Ridge amends revolver: SOFR replaces LIBOR, margin down to 2.80%, maturity to 2026
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- Amended senior secured revolving credit facility with JPMorgan; replaced LIBOR benchmark with Term SOFR.
- Lowered applicable margin on advances from 2.85% to 2.80% per annum.
- Extended reinvestment period to April 29, 2024 and final maturity to April 29, 2026.
- All other material terms of the credit facility remain unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1372807/000119312522142491/0001193125-22-142491-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1372807/000119312522142491/d327555d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-142491

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