debt
confidence high
sentiment neutral
materiality 0.50
Silvercrest amends credit agreement; extends term loan maturity to 2029, revolver to 2027
Silvercrest Asset Management Group Inc.
- Term loan commitment set at $5.0M; draw date ends June 18, 2028.
- Term loan maturity extended to June 18, 2029, with two one-year extension options.
- $10.0M revolving credit facility maturity extended to June 18, 2027.
- Amendment entered with City National Bank; Silvercrest L.P. guarantees obligations.