BCP Investment amends KeyBank credit facility, raising capacity to $150.0 million
On August 6, 2026, subsidiary Capitala Business Lending entered a sixth amendment to its KeyBank senior secured revolving credit facility. The amendment increases the facility from $75.0 million to $150.0 million, lowers the applicable margin, and extends the reinvestment period and maturity. Proceeds were used to repay in full a separate JPMorgan Chase facility held by Great Lakes Portman Ridge Funding LLC, which was then terminated.
Key points
- Facility amount increases from $75.0 million to $150.0 million.
- Applicable margin falls to 2.50% per annum from 2.80% in the reinvestment period, and to 3.00% from 3.20% in the amortization period.
- Reinvestment period extended from August 21, 2027 to August 6, 2029; maturity extended from August 21, 2029 to August 6, 2031.
- Borrowings repaid the JPMorgan Chase revolving facility in full, and its financing commitments were terminated.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.