Private credit ·
Jefferies Credit Partners BDC cuts its CIBC revolver to $100m from $125m and extends it to Oct 8, 2027
8-K Items 1.01/2.03 (accession 0001193125-26-424073, filed Oct 16, 2026): Amendment No. 3, dated Oct 9, 2026, to the Oct 15, 2024 credit agreement (CIBC Bank USA, administrative agent) extends the stated termination date to Oct 8, 2027 and decreases revolving commitments from $125 million to $100 million. Exhibit 10.1 terminates Dime Community Bank's commitment as an exiting lender and lists CIBC Bank USA as the sole lender, at $100,000,000 (100.000%). The filing does not state the prior termination date or any pricing change.
Why it matters for deal teams: A bank revolver is downsized and extended by one year as a lender exits. Track lender-group changes and commitment cuts alongside the price and sector-cap moves in other facility amendments.
Source: SEC Form 8-K (Jefferies Credit Partners BDC Inc.) ↗ · more ↗