Bain Capital Specialty Finance upsizes secured facility to $385 million

By Mary-Katherine Stinson

Lexington, Ky., July 8 – Bain Capital Specialty Finance, Inc. amended its senior secured revolving credit agreement on July 6 to increase the total commitments from lenders to $385 million from $300 million, according to an 8-K filing with the Securities and Exchange Commission.

The first amendment also replaced the benchmark rate with SOFR from Libor.

Sumitomo Mitsui Banking Corp. is the administrative agent.

Bain Capital Specialty Finance is a business development company based in Boston.

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