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Corporate Capital Trust amends facility to get new $100 million B loan
By Sara Rosenberg
New York, Feb. 28 - Corporate Capital Trust Inc. amended its credit facility on Tuesday, providing for a new $100 million tranche B loan under the existing accordion feature, according to an 8-K filed with the Securities and Exchange Commission.
Pricing on the B loan due Aug. 22, 2013 is Libor plus 235 basis points.
Deutsche Bank is the administrative agent on the deal.
Corporate Capital Trust is an Orlando, Fla.-based business development company.
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