ArrowMark Financial increases revolving credit line to $102 million
ArrowMark Financial Corp. (BANX) entered into a Second Amendment to its credit agreement on October 7, 2026, raising its maximum available revolving credit to $102,000,000. The Denver-based closed-end investment company executed the amendment with Texas Capital Bank, serving as administrative agent, and the associated lenders.
ArrowMark Financial Corp. (BANX) entered into a Second Amendment to its credit agreement on October 7, 2026, raising its maximum available revolving credit to $102,000,000. The Denver-based closed-end investment company executed the amendment with Texas Capital Bank, serving as administrative agent, and the associated lenders.
The amendment modifies the terms of the company's existing credit agreement, originally dated June 9, 2014. Under the new terms, the facility's maturity extends to the third anniversary of the amendment date. The revision also expands the borrowing base to include additional eligible collateral.
ArrowMark Financial intends to use the borrowing proceeds to further its investment objective. The company plans to allocate funds toward banking-related investments and other securities while supporting its working capital needs. The filing was signed by Katie Jones, the company's Chief Financial Officer, on October 20, 2026.
Filed by the newsroom of MarketPR on October 20, 2026. Source: sec.gov. Indicative figures are not investment advice.