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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
JPMorgan, Truist, Others Amend, Extend $1.6B Revolver for MidCap Financial Investment Corp
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Lenders/Participants
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JPMorgan Chase Bank [Administrative Agent, Joint Bookrunner, Joint Lead Arranger]
Truist Securities [Joint Bookrunner, Joint Lead Arranger]
BMO Capital Markets [Joint Bookrunner, Joint Lead Arranger]
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Structure
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Senior Secured Multi-Currency Revolver Extension, Amendment
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Amount
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$1.600
Billion
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Description
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Company amended and extended its senior secured, multi-currency, revolving credit facility. Lender commitments under the Facility total $1.610 billion, a decrease of $50 million. The final maturity date under the Facility was extended from October 17, 2029, to October 1, 2030. The applicable margin under the Facility was reduced by 10 basis points to 177.5 basis points. The commitment fee was reduced by 5 basis points from 37.5 basis points to 32.5 basis points. The remaining material business terms of the Facility will remain substantially the same.
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Industry
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Lender Finance
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| Related Tags |
BMO Capital Markets, JPMorgan Chase Bank, Lender Finance, Truist Securities
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ABL Advisor
Deal Tables
2025
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