Loan & DebtJul 31, 2026, 06:08 AM
Bain Capital Specialty Finance Upsizes Credit Facility to $905M
AI Summary
Bain Capital Specialty Finance, Inc. entered into the Fourth Amendment to its Senior Secured Revolving Credit Agreement. This amendment extends the revolver availability period to July 26, 2030, and the scheduled maturity date to July 28, 2031. The total facility amount was increased by $50 million, from $855 million to $905 million, and new lenders were added to the agreement.
Key Highlights
- Total facility amount increased from $855,000,000 to $905,000,000.
- Revolver availability period extended from May 19, 2028 to July 26, 2030.
- Scheduled maturity date extended from May 18, 2029 to July 28, 2031.
- Credit adjustment spread for Term SOFR Loans was removed.
- New lenders joined the Credit Agreement.
Price Impact
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