Senior Secured Revolving Credit Facility

Search documents
MidCap Financial Investment Corporation Amends and Extends Its Senior Secured Revolving Credit Facility
Globenewswire· 2025-10-02 20:01
NEW YORK, Oct. 02, 2025 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC) (the “Company”) announced today that it has amended and extended its senior secured, multi-currency, revolving credit facility (the “Facility”). Lender commitments under the Facility total $1.610 billion, a decrease of $50 million. The final maturity date under the Facility was extended from October 17, 2029, to October 1, 2030. The applicable margin under the Facility was reduced by 10 basis points to 177.5 b ...
Sunrise Realty Trust, Inc. Expands Revolving Credit Facility to $90 Million with Addition of City National Bank as Joint Lead Arranger
Globenewswire· 2025-05-20 11:30
Core Insights - Sunrise Realty Trust, Inc. ("SUNS") has expanded its senior secured revolving credit facility to $90 million, following a new $40 million commitment from City National Bank of Florida (CNB) [1][2] - The credit facility is expandable to $200 million, subject to customary conditions and additional lender participation [1] - Proceeds from the credit facility will be utilized to fund SUNS' commercial real estate loan pipeline, support existing commitments, and provide general working capital [2] Company Overview - Sunrise Realty Trust, Inc. is an institutional commercial real estate lender focusing on transitional CRE business plans with potential for near-term value creation, primarily in the Southern United States [4] - The company is part of the TCG Real Estate platform, which includes affiliated CRE-focused debt funds [5] Financial Institutions Involved - City National Bank of Florida (CNB) is the second-largest financial institution in Florida, with over $26 billion in assets and a strong focus on commercial banking and real estate lending [6] - East West Bank, the Administrative Agent for the credit facility, has total assets of $76 billion and operates over 110 locations in the U.S. and Asia [7]