Aurora Capital affiliate expands credit agreement by $110 million

By Marisa Wong

Los Angeles, Aug. 25 – Aurora Capital Partners affiliate Raven Buyer, Inc. entered into an amendment on Aug. 23 to its existing credit agreement providing for a senior secured incremental term loan in an aggregate principal amount of $95 million and an increase to the commitments under its senior secured revolver in an aggregate principal amount of $15 million, according to an 8-K filing with the Securities and Exchange Commission.

The loans under the incremental facilities bear interest at adjusted SOFR plus an applicable margin.

The company entered into the amendment in connection with Aurora’s acquisition of Sharps Compliance Corp.

Aurora Capital is a leading Los Angeles-based private equity firm.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.