05:26 PM EDT, 05/22/2024 (MT Newswires) -- Bain Capital Specialty Finance ( BCSF ) said Wednesday it increased commitments under the senior secured revolving credit facility to $855 million from $655 million.

The company extended the maturity date to May 18, 2029, from Dec. 24, 2026, while the number of lenders to the facility was raised to 14.

Sumitomo Mitsui Banking is the administrative agent of the credit facility, and borrowing costs remained unchanged.

Bain Capital shares were up more than 2% in recent after-hours activity.

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