John Hancock Comvest Private Income Fund enters $150M senior secured revolving credit facility

John Hancock Comvest Private Income Fund

Maximum principal amount $150M, expandable to $300M via uncommitted accordion; borrowing base based on portfolio investments.
Facility matures Dec 2, 2030; availability period ends Dec 3, 2029; mandatory prepayments after commitment termination.
Secured by first-priority interest in substantially all portfolio investments of the Fund and future guarantors.
Interest: Term SOFR + 2.00% or alternate base rate + 1.00%; commitment fee 0.375% per annum on unused amounts.
Proceeds for general corporate purposes, including funding of portfolio investments; customary covenants including asset coverage.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

John Hancock Comvest Private Income Fund entered into Credit Agreement with The Bank of Nova Scotia valued at $150,000,000 (effective 2025-12-02).

Action: entry
Agreement: credit facility
Counterparty: The Bank of Nova Scotia
Value: $150,000,000
Effective: 2025-12-02

Exact text from the filing

On December 2, 2025, John Hancock Comvest Private Income Fund (the “ Fund ”), a Delaware statutory trust, entered into a Senior Secured Revolving Credit Agreement (the “ Credit Agreement ”). The parties to the Credit Agreement include the Fund, as borrower, the lenders from time to time parties thereto, The Bank of Nova Scotia, as administrative agent, collateral agent, issuing bank, swingline lender, a lender and as lead arranger (the “ Facility ”).

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Source: SEC EDGAR

accession 0001193125-25-309153

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