TCP Capital announced that it has amended its $116 million revolving credit facility with Wells Fargo Securities, administrative agent and arranger, to extend the maturity date from July 31, 2014 to July 31, 2016.

Borrowings under this credit facility will continue to bear interest at a rate of LIBOR plus 0.44% per annum through July 31, 2014, and at a rate of LIBOR plus 2.50% per annum for periods after July 31, 2014 through the maturity date of the facility.

TCP Capital’s Chairman and CEO Howard Levkowitz stated, “We are extremely pleased to extend our longstanding credit relationship with our Wells Fargo-led syndicate. We have retained our highly attractive credit facility, and the extended maturity assures us continued access to debt capital in order to fund the growth of our portfolio.”