StepStone SPV Facility III October 2026 credit amendment
Loan Financing · 16/10/2026
StepStone's fifth credit amendment dated October 15, 2026 increased its financing subsidiary's facility from USD 750 million to USD 1 billion. Wells Fargo's own commitment increased from USD 650 million to USD 700 million. Wells is administrative agent and swingline lender, with a USD 50 million swingline sublimit. The amendment reduced the spread to 1.95%, extended reinvestment to October 15, 2029 and maturity to October 15, 2031, and permits a conditional USD 1.5 billion maximum.
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