Corporate Capital ups senior secured revolver with ING to $82 million

By Sarah Lizee

Olympia, Wash., June 13 – Corporate Capital Trust II obtained a $12 million incremental commitment agreement on Monday relating to its existing senior secured revolving credit agreement with ING Capital LLC as administrative agent and increasing lender.

The incremental commitment increased the total borrowing capacity to $82 million from $70 million, according to an 8-K filing with the Securities and Exchange Commission.

No other terms or conditions of the credit agreement were changed.

Corporate Capital Trust is an Orlando, Fla.-based business development company that invests primarily in the debt of privately owned companies.

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