American Capital ups revolver to $1.25 billion, extends by two years

By Tali Rackner

Norfolk, Va., March 6 – American Capital Ltd. increased the commitments on its senior secured revolving credit facility to $1.25 billion from $750 million and extended the maturity by two years to March 2017, according to a news release.

Interest remains at Libor plus 160 basis points.

Bank of America, NA is the lender.

The publicly traded private equity firm and global asset manager is based in Bethesda, Md.

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