debt
confidence high
sentiment neutral
materiality 0.35
AB Private Lending Fund extends $125M Scotiabank-led revolver maturity to Nov 2031
AB Private Lending Fund
- Second Amendment to the Senior Secured Credit Agreement dated Nov 6, 2026; The Bank of Nova Scotia is Administrative Agent, with MUFG Bank and State Street Bank and Trust as lenders.
- Revolver availability period extended from Sept 14, 2029 to Nov 6, 2030; scheduled maturity pushed from Sept 13, 2030 to Nov 6, 2031.
- Amendment also resets the minimum shareholders' equity covenant test; no dollar threshold is disclosed in the filing text.
- Amended agreement cover lists the facility at $125,000,000, with Scotiabank and MUFG Bank as Joint Lead Arrangers and Joint Bookrunners.
- Borrower reaffirmed existing liens and security interests under the Guarantee and Security Agreement; signed by CFO Wesley Raper.