First Eagle Alternative Capital BDC, Inc. Enhances Capital Structure

BOSTON, March 14, 2022 (GLOBE NEWSWIRE) -- First Eagle Alternative Capital BDC, Inc. (NASDAQ: FCRD) (“First Eagle Alternative Capital BDC” or, the “Company”) today announced that in keeping with its strategic initiatives, the Company and its joint venture partner refinanced the capital structure at First Eagle Logan JV, LLC (“Logan JV”) into a middle market CLO arranged by Deutche Bank Securities Inc., and the Company amended its credit facility provided by ING Capital LLC. The pricing of the CLO and the amendment of the Company’s Senior Secured Revolving Credit Agreement occurred on March 10, 2022, and March 11, 2022, respectively.