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Monroe Capital Corporation Expands Syndicated Credit Facility to $65 Million

December 27, 2012, 08:12 AM

Monroe Capital Corporation announced that current loan commitments on its syndicated credit facility led by ING Capital have increased by $10 million to $65 million. As previously disclosed, the company's revolving credit facility can expand up to a total of $100 million in commitments pursuant to an accordion feature.

Monroe Capital is a newly-organized, externally-managed, non-diversified closed-end management investment company that has filed an election to be treated as a business development company under the Investment Company Act of 1940, as amended, and as a regulated investment company (RIC) for tax purposes.

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