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Home Deal Announcements

JPMorgan, SunTrust, Others Upsize TSLX Revolver to $1.31B

bynadine
February 3, 2020
in Deal Announcements

TPG Specialty Lending has increased its revolving credit facility from $1.245 billion to $1.315 billion and extended the final maturity date by approximately one year, to January 31, 2025.

The facility was led by SunTrust Robinson Humphrey, JPMorgan Chase Bank, and MUFG Union Bank as joint lead arrangers and includes a total of 20 bank participants. the accordion feature, which would allow the company, under certain circumstances, to upsize the Facility has also increased from a maximum of $1.50 billion to $1.75 billion. Pricing and advance rates under the facility remain unchanged.

TSLX is a specialty finance company focused on lending to middle-market companies.

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