debt
confidence high
sentiment positive
materiality 0.75
Portman Ridge upsizes credit facility to $200M, reduces margin to 2.50%
BCP Investment Corp
- Credit facility upsized to $200M (from $115M); margin reduced to 2.50% (from 2.80%).
- Maturity extended to Aug 2027; reinvestment period to Aug 2026; non-call to Apr 2025.
- $18.3M bridge advance and $85M upsizing refinance Senior Secured Notes due 2029.
- JPMorgan Chase Bank remains administrative agent; Portman Ridge is portfolio manager.