debt
confidence high
sentiment neutral
materiality 0.40
Crescent Capital BDC amends credit facility: spread cut 50bps, size reduced to $400M
Crescent Capital BDC, Inc.
- Eighth Amendment to Loan and Security Agreement with Wells Fargo executed April 10, 2025.
- Spread reduced from 245 bps to 195 bps (50 bps decrease).
- Facility size reduced from $500M to $400M.
- Borrowings remain subject to 1940 Act leverage restrictions.
- No other material changes; existing terms ratified.