debt
confidence high
sentiment neutral
materiality 0.40
Crescent Capital BDC amends credit facility: extends maturity to 2029, reduces spread to 2.45%, adds multi-currency
Crescent Capital BDC, Inc.
- Reinvestment period extended to May 31, 2027; stated maturity to May 31, 2029.
- Interest rate spread reduced from 2.75% to 2.45% per annum.
- Facility now permits advances in GBP, Euros, and Canadian Dollars (previously USD only).
- Existing Loan and Security Agreement otherwise ratified and confirmed; earlier terms unchanged.