Monroe Capital expands revolver to $200 million via accordion feature

By Wendy Van Sickle

Columbus, Ohio, Feb. 23 – Monroe Capital Corp. expanded its syndicated revolving credit facility dated Dec. 14, 2015 and led by ING Capital LLC by $40 million to $200 million by partially exercising the revolver’s accordion feature, according to a press release.

The accordion feature permits the revolver’s commitments to be expanded up to a total of $300 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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