Brief: Portman Ridge Finance Unit Enters Into Senior Secured Revolving Credit Facility

BCP Investment

23/12/2019 22:12

Dec 23 (Reuters) - Portman Ridge Finance Corp  PTMN.O :
    * PORTMAN RIDGE FINANCE CORP - ON DECEMBER 18, UNIT OF CO
ENTERED
INTO A SENIOR SECURED REVOLVING CREDIT FACILITY
    * PORTMAN RIDGE FINANCE CORP - INITIAL PRINCIPAL AMOUNT OF
REVOLVING CREDIT FACILITY IS $115 MILLION
    * PORTMAN RIDGE FINANCE CORP - TOTAL COMMITMENTS UNDER
REVOLVING
CREDIT FACILITY TO BE UP TO $215 MILLION
    * PORTMAN RIDGE FINANCE CORP - ALL AMOUNTS OUTSTANDING UNDER
REVOLVING CREDIT FACILITY MUST BE REPAID BY MATURITY DATE OF DEC
18, 2023

Source : (https://bit.ly/373kWgn)
Further company coverage:  PTMN.O 

 ((Reuters.Briefs@thomsonreuters.com;))