debt
confidence high
sentiment neutral
materiality 0.35
Bain Capital Private Credit upsizes revolving credit facility to $175M from $150M
Bain Capital Private Credit
- New Commitment Request increases aggregate commitments from $150M to $175M via accordion feature.
- Goldman Sachs Bank USA remains administrative agent and sole lender; $25M increase effective March 22, 2024.
- Accordion feature allows total facility size up to $250M under certain conditions.
- Conditions satisfied: no default, legal opinions delivered, payments made per fee letters.