During the Q2/20, Capitala Finance received more than $51.1 million in repayments from its portfolio companies, including $17.8 million in full repayment of its debt investments in Flavors Holdings.
Capitala Finance amended its senior secured revolving credit agreement with ING Capital as administrative agent, arranger and bookrunner.
Capitala Finance amended and extended its senior secured revolving credit facility led by ING Capital, expanding the facility’s accordion feature to $200 million.
Business development company Capitala Finance expanded its total commitments under its credit facility from $80 million to $120 million with a lender group led by ING Capital serving as administrative agent.
Capitala Finance led an investment in and served as sole syndication agent for a senior term loan in support of PWP Growth Equity’s investment in Western Window Systems.
Capitala Finance said it recently invested $10 million in the senior secured debt of American Clinical Solutions, a provider of compliance regulated drug testing to aid physicians.
Capitala Finance announced it formed a joint venture with Trinity Universal Insurance, a subsidiary of Kemper, to create Capitala Senior Liquid Loan Fund I, LLC.
Capitala Finance recently exited its investment in KBP Investments, a holding company for one of the largest quick-service restaurant franchisee systems in the United States.