BCP Investment Corp Amends Credit Facility, Expands Revolver to $150M

What Happened

• BCP Investment Corp’s wholly owned subsidiary, Capitala Business Lending, LLC, announced a Sixth Amendment to its senior secured revolving credit facility with KeyBank National Association on August 6, 2026. The amendment (the “Sixth Amendment”) increases the facility size, lowers borrowing margins, and extends key dates. Concurrently, the company used proceeds to repay and terminate an existing JPMorgan Chase revolving facility as part of a refinancing.

Key Details

• Facility size increased from $75.0 million to $150.0 million.
• Interest margin reduced from 2.80% to 2.50% (reinvestment period) and from 3.20% to 3.00% (amortization period).
• Reinvestment period termination extended from August 21, 2027 to August 6, 2029; overall maturity extended from August 21, 2029 to August 6, 2031.
• The amendment modifies the borrowing base to allow certain participation interests tied to the refinancing as eligible collateral; proceeds were used to repay and terminate the prior JPM revolving credit facility and release related security interests.

Why It Matters

• For investors, the amendment meaningfully increases available liquidity (doubles the revolver) and lowers borrowing costs, which can reduce interest expense and support lending/investment activity. Extending the reinvestment period and maturity reduces near-term refinancing pressure. The replacement of the prior JPM facility with the amended KeyBank facility consolidates financing under the new terms. The Sixth Amendment is filed as Exhibit 10.1 to the 8‑K.