Fidus Investment Corporation has entered into a new credit and security agreement for a special purpose vehicle credit facility totaling $175 million in initial commitments. The agreement, signed on October 16, 2025, involves FIC Funding, LLC as the borrower, Fidus as servicer and equityholder, ING Capital LLC as administrative agent and lead arranger, and Western Alliance Trust Company, N.A. as custodian, collateral agent, and collateral administrator. The facility includes an accordion feature, allowing for an increase in total commitments up to $250 million, subject to certain conditions. In connection with this new facility, Fidus also terminated its previous senior secured revolving credit agreement and guarantee, pledge, and security agreement with ING Capital LLC.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fidus Investment Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-246762), on October 22, 2025, and is solely responsible for the information contained therein.
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