Solar Senior Capital amended its senior secured revolving credit facility.

The amendment includes a $25 million commitment increase to $100 million, as well as a maturity extension to August 2021. Wells Fargo acted as administrative agent for the facility. As of June 30, 2016, Solar Senior contributed $29.58 million of its $50.75 million equity commitment to FLLP.

“With this $25 million incremental borrowing capacity, we intend to complete the ramp of the first lien loan company’s portfolio and achieve our low-to-mid teens target ROE. We view this strategic initiative as a compelling way to grow Solar Senior’s net investment income while investing in first lien senior secured floating rate loans,” said Michael Gross, Solar Senior’s chairman and CEO.

Solar Senior Capital is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. The company invests primarily in leveraged, middle-market companies in the form of senior secured loans, including first lien, stretch senior and second lien debt instruments.