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Monroe Capital increases revolver by $75 million to $194.5 million
By Wendy Van Sickle
Columbus, Ohio, April 11 – Monroe Capital Income Plus Corp. increased commitments via the accordion feature of its revolving credit facility and security arrangement with MC Income Plus Financing SPV II LLC, a wholly owned subsidiary, as borrower, according to an 8-K filing with the Securities and Exchange Commission.
The April 9 change increased the revolver to $194.5 million from $119.5 million.
KeyBank NA is the lender, administrative agent and lead arranger.
The middle-market lender and private credit asset management firm is based in Chicago.
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