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AINV - Apollo Investment extends maturity of revolving credit facility
Apollo Investment Corporation
Apollo Investment (AINV) extends the final maturity of its senior secured revolving credit facility by about two years to Dec. 22, 2025.Total commitments under the facility will remain at $1.81B until Nov. 19, 2022 and will decrease to $1.705B afterwards.Pricing and advance rates remain unchanged.The minimum shareholders' equity covenant on the facility was amended. All other financial covenants are unchanged.