JMP Group, through its affiliate JMP Credit Advisors, amended its revolving credit facility with BNP Paribas, increasing the maximum borrowing amount by $100 million for a total of $340 million.
The facility was established to finance the acquisition of a portfolio of assets, including certain broadly syndicated loans.
JMP Group is a full-service investment banking and asset management firm that provides investment banking, sales and trading and equity research services to corporate and institutional clients as well as alternative asset management products to institutional and high-net-worth investors.
