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Monroe Capital lifts revolver to $235 million from $180 million
By Wendy Van Sickle
Columbus, Ohio, July 22 – Monroe Capital Income Plus Corp. entered into an amendment to its restated revolving credit facility and security arrangement with MC Income Plus Financing SPV LLC, a wholly owned subsidiary, as borrower, according to an 8-K filing with the Securities and Exchange Commission.
The July 20 change increased the revolver to $235 million from $180 million and updated the Libor-fallback language.
Monroe Capital is collateral manager. KeyBank NA is the lender, administrative agent and lead arranger.
The middle-market lender and private credit asset management firm is based in Chicago.
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