FIDUS INVESTMENT Corp (FDUS): debt financing — Fidus enters $175M SPV credit facility, replaces existing revolver

FIDUS INVESTMENT Corp

New SPV facility provides initial $175M commitments, can increase to $250M with accordion and agent consent.
Facility matures Oct 16, 2030; reinvestment period runs through Oct 16, 2029.
Advances bear interest at 1-month Term SOFR + 0.11448% plus margin of 2.500%-2.675% per annum.
Prior $175M revolving credit agreement and related security agreement terminated with all obligations satisfied.
Collateral includes 100% equity of SPV and assets held by SPV (bank loans/securities).

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

FIDUS INVESTMENT Corp incurred credit facility of $175 million of initial commitments with ING Capital LLC at one-month Term SOFR plus 0.11448% and an applicable margin ranging from 2.500% t maturing October 16, 2030.

Instrument: credit facility
Principal: $175 million of initial commitments
Counterparty: ING Capital LLC
Rate: one-month Term SOFR plus 0.11448% and an applicable margin ranging from 2.500% t
Maturity: October 16, 2030
Event: incurrence

Exact text from the filing

The SPV Credit Facility provides for $175 million of initial commitments, and has an accordion feature that allows for an increase of the total commitments to up to $250 million, subject to certain conditions (including the consent of the Administrative Agent). The SPV Credit Facility has a reinvestment period until October 16, 2029 and matures on October 16, 2030. The advances under the SPV Credit Facility bear interest, subject to the Company’s election, on a per annum basis equal to one-month Term SOFR plus 0.11448% and an applicable margin ranging from 2.500% to 2.675%.

View on SEC.gov

304 debt financings filed in the last 30 days. Browse all debt financings →

FIDUS INVESTMENT Corp filing history →

Source: SEC EDGAR

accession 0001193125-25-246762

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.