debt
confidence high
sentiment neutral
materiality 0.55
Fidus Investment expands senior secured revolver by $40M to $140M total commitments
FIDUS INVESTMENT Corp
- Credit facility commitments increased from $100M to $140M, subject to borrowing base requirements.
- $40M increase provided by three existing lenders: ING Capital ($24M), East West Bank ($10M), Apple Bank ($6M).
- Incremental Commitment Agreement executed July 25, 2024; same terms as existing facility.
- No event of default or borrowing change noted; reaffirms existing security and guarantees.