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Prospect News home > News index > List of issuers G > Headlines for Golub Capital Investment Corp. CLO 2016(M) LLC > News item |
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.
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