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SCP Private Credit Income expands East West facility to $100 million
Chicago, Oct. 8 – SCP Private Credit Income BDC LLC amended and restated its credit facility on Oct. 4 that lists East West Bank as administrative agent, according to an 8-K filing with the Securities and Exchange Commission.
Commitments were expanded to $100 million with the amendment.
Interest stayed at Libor plus 270 basis points and the maturity date is Dec. 31, 2022.
East West Bank is also the lender.
The pooled investment fund is based in New York.
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