trending Market Intelligence /marketintelligence/en/news-insights/trending/LDH1oDRVB9cY-p9yFc_fGQ2 content esgSubNav
In This List

Terra Firma Capital closes US$40M credit line


Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Banks’ Response to Rising Rates & Liquidity Concerns

Terra Firma Capital closes US$40M credit line

Terra Firma Capital Corp. closed a US$40 million secured corporate line of credit with Texas Capital Bank.

The line of credit can be increased to US$50 million over time, subject to the approval of Texas Capital Bank. Terra Firma Capital will use the line of credit to fund new investments, which will be ultimately held or warehoused for later syndication, and to fund general corporate working capital requirements.

The credit line replaces the previous corporate credit facility Terra Firma Capital had with a Canadian financial institution, which was fully repaid in the fourth quarter of 2019.