TPG Specialty Lending amends revolver to lift size to $175 million

By Jennifer Chiou

New York, Jan. 23 - TPG Specialty Lending, Inc. subsidiary TPG SL SPV, LLC entered into on Tuesday an amendment to its revolving credit facility with Natixis, New York Branch, lifting the size to $175 million from $100 million, according to an 8-K filing with the Securities and Exchange Commission.

The changes also, among other things, extended the stated maturity date to Jan. 21, 2021 from May 8, 2020, modified pricing and reopened the reinvestment period for an additional six months following the closing date, which may be extended at the borrower's option for an additional six months.

State Street Bank and Trust Co. is the collateral agent.

TPG Specialty Lending is a private Fort Worth, Texas-based specialty finance investment company focused on middle-market lending.

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