TPG Specialty Lending ups revolver to $1.32 billion, extends to 2025

By Wendy Van Sickle

Columbus, Ohio, Jan. 31 – TPG Specialty Lending, Inc. entered into a ninth amendment to its second amended and restated senior secured revolving credit facility dated Feb. 27, 2014 to increase aggregate commitments under the revolver by $80 million to $1,315,000,000, according to an 8-K filing with the Securities and Exchange Commission.

The amendment, completed on Thursday, also extends the termination of the revolving period to Jan. 31, 2024 from Feb. 14, 2023 and the maturity date to Jan. 31, 2025 from Feb. 14, 2024.

In addition, the company increased the accordion feature to be able to increase the size of the revolver to a maximum of $1.75 billion, up from a maximum of $1.5 billion.

The specialty lender is based in Fort Worth.

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