Streamline Innovations amends and extends $55 million loan

Chicago, July 13 – Streamline Innovations, Inc. amended and extended its credit facility with a group of funds as lenders, according to a release from one of the lenders.

The maturity date of the $55 million loan has been extended to December 2026.

The initial loan signed in November 2021 was for a $20 million first-lien delayed-draw term loan, which grew to $45 million in May 2022, structured as a green loan.

The terms of the most recent amendment adjusted the all-in yield to maturity to 13%.

Riverstone Credit Opportunities Income plc was one of the lenders.

Streamline, based in San Antonio, removes hydrogen sulfide from energy, renewable fuels, wastewater and industrial processes.

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