19/11/2024 | Press release | Distributed by Public on 19/11/2024 22:02
Item 1.01 - Entry into a Material Definitive Agreement.
On November 15, 2024, AB Private Credit Investors Corporation (the "Fund") entered into an amendment (the "Amendment") to the credit agreement establishing its revolving credit facility (the "Credit Facility") with HSBC Bank USA, National Association, as the administrative agent and a lender, and each of the Banks a party thereto. The Amendment, among other changes, (i) temporarily increased the Credit Facility's maximum commitment from $200,000,000 to $250,000,000 until February 14, 2025 (the "Temporary Increase Maturity Date") and (ii) temporarily increased the Fund's facility sublimit from $40,000,000 to $42,000,000 until the Temporary Increase Maturity Date.
The information set forth above with respect to the Amendment does not purport to be complete in scope and is qualified in its entirety by the full text of the Amendment, which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.