Apollo Investment Corporation Amends, Extends and Upsizes Its Senior Secured Revolving Credit Facility
Reduced Asset Coverage Requirement from 200% to 150%
Extended Final Maturity by Approximately 2 Years
Increased Commitments by $400 Million to $1.59 Billion
NEW YORK, Nov. 20, 2018 (GLOBE NEWSWIRE) -- Apollo Investment Corporation (NASDAQ: AINV) (the "Company") announced today that it has amended, extended and upsized its senior secured revolving credit facility (the "Senior Secured Facility"). The amendment reduces the Company's minimum asset coverage financial covenant ...