Fidus Investment expands senior secured revolver to $90 million

By Marisa Wong

Morgantown, W.Va., Oct. 19 – Fidus Investment Corp. amended its existing senior secured revolving credit facility to increase the amount available to $90 million from $75 million, according to an 8-K filing with the Securities and Exchange Commission.

The amendment also allows for future increases in the commitments up to $100 million.

Fidus entered into an incremental commitment agreement on Friday to its credit agreement dated June 16, 2014 with ING Capital LLC as administrative agent.

Fidus is an Evanston, Ill.-based externally managed, closed-end, non-diversified management investment company.

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