ING Arranges Medley Capital Facility Increase
Medley Capital announced the closing of an additional $20 million of commitments to its senior secured revolving and term loan credit facilities. ING Capital arranged the credit facility.
Total commitments to the credit facility are $365 million, comprised of $245 million committed to the revolving credit facility and $120 million committed to the term loan facility.
The facility provides for an aggregate accordion feature permitting subsequent increases up to an aggregate maximum amount of $400 million.