secwatch / observer
8-K filed June 13, 2023, 7:59 PM ET CIK 0001634452
debt confidence high sentiment neutral materiality 0.25

AB Private Credit Investors Corp: debt financing — AB Private Credit Investors extends credit facility to June 2024, reduces sublimit to $31M

AB Private Credit Investors Corp

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

AB Private Credit Investors Corp amended revolving credit of $33,000,000 to $31,000,000 with HSBC Bank USA, National Association maturing June 7, 2024.

Instrument
revolving credit
Principal
$33,000,000 to $31,000,000
Counterparty
HSBC Bank USA, National Association
Maturity
June 7, 2024
Event
amendment
Exact text from the filing
The Amendment (i) extended the maturity date of the Credit Facility from June 9, 2023 to June 7, 2024 and (ii) reduced the Fund’s sublimit commitment from $33,000,000 to $31,000,000.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

AB Private Credit Investors Corp entered into Amendment to Credit Facility with HSBC Bank USA, National Association valued at extended maturity to June 7, 2024; reduced sublimit from $33,000,000 to $31,000,000 (effective 2023-06-09).

Action
entry
Agreement
credit facility
Counterparty
HSBC Bank USA, National Association
Value
extended maturity to June 7, 2024; reduced sublimit from $33,000,000 to $31,000,000
Effective
2023-06-09
Exact text from the filing
On June 9, 2023, AB Private Credit Investors Corporation (the “ Fund ”) entered into an amendment (the “ Amendment ”) to the credit agreement establishing its revolving credit facility (the “ Credit Facility ”) with HSBC Bank USA, National Association, as the administrative agent and a lender, and each of the Banks a party thereto.
View on SEC.gov

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Source: SEC EDGAR
accession 0001193125-23-165832
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