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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
TCP Capital Expands Credit Facility With Deutsche Bank to $200MM
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Lenders/Participants
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Deutsche Bank [Lender]
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Structure
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Revolver Increase
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Amount
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$200.000
Million
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Borrower(s)
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TCP Capital Corp.
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Description
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TCP expanded its revolving credit facility with Deutsche Bank AG from $150 million to $200 million. The accordion feature is also expanded up to an aggregate of $250 million. The credit facility matures on May 15, 2017 and borrowings under the credit facility bear interest at a rate of LIBOR plus 2.50% per annum, subject to certain minimum draw requirements. The credit facility expansion is effective June 9, 2014.
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Industry
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Lender Finance
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| Related Tags |
Deutsche Bank, TCP Capital
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ABL Advisor
Deal Tables
2025
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