10/20/2026 | Press release | Distributed by Public on 10/20/2026 13:11
| Item 8.01 | Other Events. |
On October 7, 2026, ArrowMark Financial Corp., a registered closed-end investment company (the "Company") entered into a Second Amendment to the Amended and Restated Credit Agreement dated May 27, 2022 (the "Agreement") with Texas Capital Bank (the "Administrative Agent"), as administrative agent, and the lenders thereto, amending the terms of the Company's existing Credit Agreement dated June 9, 2014 (as the same was amended from time to time, the "Existing Agreement").
The Agreement modifies the Existing Agreement by, among other things, (i) increasing the maximum available revolving credit amount to $102,000,000 from $70,000,000, (ii) extending the facility's maturity to the third anniversary of the Second Amendment date, and (iii) expanding the existing borrowing base to include additional eligible collateral. The Company intends to use the borrowing proceeds in furtherance of its investment objective by investing in banking-related investments and other securities, and to support its working capital needs.