trending Market Intelligence /marketintelligence/en/news-insights/trending/pzfbsjibyxr5n2qipcmbzg2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

FS Investment unit secures $150M revolving credit facility

Street Talk Episode 41 - How to Win the Funding Battle, Use Fintech to Play Offense

Forward Spark Spreads Suggest Rising Profitability Of US Renewables As Sector Matures

MA Activity The Big Story In Mature Online Video Platform Market

Martina Cheung Backs The Quality Program


FS Investment unit secures $150M revolving credit facility

FS Investment Corp.'s wholly owned special-purpose financing subsidiary Hamilton Street Funding LLC has entered into a revolving credit facility that will provide up to $150 million in permitted borrowings during a four-year revolving period.

The five-year credit facility has an accordion option that would allow lenders to increase the commitments by an additional $50 million to $200 million. The facility bears interest at a rate per annum equal to LIBOR for a three-month interest period plus a spread of 2.50%.

FS Investment will use the proceeds from the facility to retire its other outstanding debt and that of its wholly owned subsidiaries.

The credit facility was entered into with HSBC Bank USA NA as administrative agent and U.S. Bank NA as collateral agent, account bank and custodian.