debt
confidence high
sentiment neutral
materiality 0.55
Carlyle Credit Income Fund enters $30M credit facility with accordion to $50M
Carlyle Credit Income Fund
- Maximum commitment of $30M, with accordion feature to increase to up to $50M under certain conditions.
- Interest rate is SOFR or Prime Rate plus 3.25% per annum for each loan.
- Proceeds used for general corporate purposes; borrowing subject to 1940 Act limitations.
- Customary covenants restrict additional debt, liens, distributions, mergers, and consolidations.
item 1.01item 2.03