debt
confidence high
sentiment negative
materiality 0.50
Hancock Park reduces revolving credit facility from $15M to $7.5M under amendment with Banc of California
Hancock Park Corporate Income, Inc.
- Maximum commitment decreased from $15M to $7.5M; tangible net asset value covenant lowered to $7.5M.
- Minimum quarterly net investment income covenant reduced from $200K to $150K.
- Company paid $37.5K annual commitment fee for 2026 and $3K documentation fee; effective Dec 29, 2025.