Crescent Capital BDC, Inc. announced an expansion of its senior secured revolving credit facility with Sumitomo Mitsui Banking Corporation, increasing its borrowing capacity.
Key Details
- Facility: SMBC Corporate Revolving Facility
- Increased Commitments: Total dollar commitments under the facility were increased from $140 million to $165 million.
- Increased Facility Size: The maximum principal amount of the facility was raised from $310 million to $335 million.
- Effective Date: The amendment was effective as of June 18, 2026.
- Terms: All other material terms of the credit facility remained unchanged.