BlackRock Capital Investment Corporation Announces Credit Agreement Amendment
BlackRock Capital Investment Corporation ("BCIC") (NASDAQ:BKCC) today announced that it has entered into an amendment (the "Amendment") to its $265 million senior secured revolving credit agreement (as amended, including by the Amendment, the "Revolving Credit Facility"). The Amendment, among other things:
extends the maturity date of the loans made under the Revolving Credit Facility (collectively, the "Loans") from April 23, 2025 to September 6, 2028;
extends the termination date of the commitments available under the Revolving Credit Facility (collectively, the "Commitments") from April 23, 2024 to September 6, 2027;
reduces the applicable margin to be applied to interest on t