StockWatch
·
Finance: Consumer Services
Loan & DebtMay 8, 2026, 03:36 PM

Investcorp Credit Management BDC Reduces Credit Facility to $50M

AI Summary

Investcorp Credit Management BDC, Inc., through its wholly-owned subsidiary Investcorp Credit Management BDC SPV, LLC, executed a sixth amendment to its Loan, Security and Collateral Management Agreement on May 6, 2026. This amendment significantly reduces the facility size from $100 million to $50 million. Capital One, National Association continues as the administrative agent, with Wells Fargo Bank, National Association as the collateral custodian.

Key Highlights

  • Sixth Amendment to Loan, Security and Collateral Management Agreement was entered into on May 6, 2026.
  • The facility size was decreased from $100 million to $50 million.
  • Investcorp Credit Management BDC SPV, LLC is the borrower under the agreement.
  • Capital One, National Association serves as the administrative agent and arranger.
  • Wells Fargo Bank, National Association acts as the collateral custodian.