Onex Falcon increases loan capacity to $340 million

By Wendy Van Sickle

Columbus, Ohio, July 20 – Onex Falcon Direct Lending BDC SPV, LLC, a direct wholly owned subsidiary of the Onex Falcon Direct Lending BDC Fund, amended its loan and servicing agreement originally dated Oct. 4, 2021 on July 14 to increase borrowing capacity by $140 million to a total of $340 million, according to an 8-K filing with the Securities and Exchange Commission.

Society Generale is the facility agent, and U.S. Bank, NA is the collateral agent.

Onex Falcon is a private credit asset manager based in Boston.

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