ArrowMark Financial increases revolving credit facility to $102 million from $70 million
BANX•ArrowMark Financial increased its revolving credit facility to $102 million from $70 million on October 7, extending maturity to the third anniversary of the amendment date.
1. Credit facility amended
The amendment with Texas Capital Bank as administrative agent also adds eligible collateral to the borrowing base. Proceeds will fund banking-related investments, other securities and working capital needs.
