Monroe Capital partially uses accordion, ups revolver to $135 million

By Tali Rackner

Norfolk, Va., July 31 – Monroe Capital Corp. exercised $25 million of the accordion feature under its senior secured revolving loan agreement on Friday, increasing the total commitments to $135 million, according to an 8-K filing with the Securities and Exchange Commission.

The agreement may still be expanded to up to $200 million.

Chicago-based Monroe Capital is a specialty finance company that principally invests in debt and equity investments of middle-market companies.

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