TriState Capital gets $75 million unsecured revolving credit facility

By Taylor Fox

New York, Feb. 23 – TriState Capital Holdings, Inc. entered a credit agreement including a $75 million unsecured revolving credit facility expiring Feb. 18, 2022, according to an 8-K filing with the Securities and Exchange Commission.

The loans extended pursuant to the credit agreement will bear interest at the lesser of the maximum rate and, in the case of a base rate loan, the base rate plus 1% and, in the case of a Eurodollar rate loan, the adjusted Eurodollar rate plus 3%.

Huntington National Bank is the administrative agent.

TriState is a Pittsburgh-based bank holding company.

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