Brief: Blackrock Capital Entered Into Fifth Amendment To Second Amended Senior Secured Revolving Credit Facility
26/05/2020 21:16
May 26 (Reuters) - BlackRock Capital Investment Corp
BKCC.O :
* BLACKROCK CAPITAL INVESTMENT CORP - ON MAY 22, ENTERED
INTO
FIFTH AMENDMENT TO SECOND AMENDED SENIOR SECURED REVOLVING
CREDIT FACILITY
* BLACKROCK CAPITAL INVESTMENT CORP - AMENDMENT EXTENDS
MATURITY
DATE ON LOANS MADE UNDER REVOLVING CREDIT FACILITY FROM JUNE 5,
2022 TO JUNE 5, 2023
* BLACKROCK CAPITAL INVESTMENT CORP - AMENDMENT REDUCES
AGGREGATE
COMMITMENT UNDER REVOLVING CREDIT FACILITY TO $300 MILLION
* BLACKROCK CAPITAL INVESTMENT CORP - SIZE OF "ACCORDION"
FEATURE
HAS BEEN REDUCED FROM $750 MILLION TO $375 MILLION
Source text: (https://bit.ly/2yAd7Dn)
Further company coverage: BKCC.O
((Reuters.Briefs@thomsonreuters.com;))
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