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Published on 11/30/2023 in the Prospect News Bank Loan Daily.

Bain Capital Private Credit enters $150 million five-year revolver

By Wendy Van Sickle

Columbus, Ohio, Nov. 30 – Bain Capital Private Credit entered a $150 million revolving credit facility on Nov. 29 with Goldman Sachs Bank USA as administrative and syndication agent, according to an 8-K filing with the Securities and Exchange Commission.

BCPC I, LLC is the borrower.

Proceeds may be used to fund portfolio investments and to make advances under delayed-draw term loans and revolving loans where the borrower is a lender.

The revolving period ends on Nov. 29, 2026, and the facility matures Nov. 29, 2028.

Revolver loans will bear interest at SOFR plus 290 basis points. There is a fee on average daily unused commitments of 50 bps.

Bain Capital is a Boston-based business development company focused on lending to middle-market companies.


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