Stellus Capital Investment Corporation has announced the entry into a Sixth Amendment to its existing Amended and Restated Senior Secured Revolving Credit Agreement. The agreement, effective as of September 11, 2025, involves Amegy Bank and various other lenders. Key changes include an increase in the commitment from $315 million to $335 million, an extension of the Commitment Termination Date to September 11, 2029, and the Final Maturity Date to September 11, 2030. The amendment also reduces the applicable margin rates on various loans and revises certain borrowing base and financial covenant calculations. This strategic move is expected to enhance financial flexibility for Stellus Capital.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stellus Capital Investment Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-090030), on September 15, 2025, and is solely responsible for the information contained therein.