debt
confidence high
sentiment positive
materiality 0.55
AB Private Lending Fund amends credit facility: size increased to $125M, maturity extended to 2030
AB Private Lending Fund
- Facility increased from $100M to $125M; maturity extended from May 2029 to Sep 2030.
- Revolver availability period extended from May 2028 to Sep 2029.
- Unused fee reduced from 0.375% to 0.325%; applicable margin lowered to 1.825% (Term Benchmark).
- Minimum shareholders' equity test reset; new lenders MUFG Bank and State Street joined.
- Borrower reaffirms liens and security interests remain in full force.
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