E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/22/2018 in the Prospect News Bank Loan Daily.

Golub Capital Investment extends revolver to 2019, lowers interest

By Sarah Lizee

Olympia, Wash., May 22 – Golub Capital Investment Corp. entered into an amended and restated revolving credit agreement on Thursday to extend the maturity and decrease the interest rate, according to an 8-K filing with the Securities and Exchange Commission.

Sumitomo Mitsui Banking Corp. is the administrative agent, lead arranger and manager.

The maturity date was extended to May 17, 2019 from May 17, 2018.

The interest rate was decreased to one-month Libor plus 150 basis points from one-month Libor plus 160 bps.

Other material terms of the revolver were unchanged, the filing noted.

Golub is a credit asset manager with headquarters in New York.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.