Cardinal Infrastructure expands credit facility to $550 million, adds $250 million delayed-draw term loan
Bitget2026/09/24 22:03- Cardinal Infrastructure Group amended its senior secured credit agreement, adding a USD 250 million delayed draw term loan.
- Total committed facilities increased to USD 550 million, including a USD 100 million revolver raised from USD 75 million.
- Delayed draw term loan can be accessed in up to five advances through March 2028 for permitted acquisitions.
- Revolver includes USD 10 million letter of credit capacity, USD 10 million swingline for working capital or general corporate use.
- Revolver, Term Loan A, delayed draw term loan mature on Sept. 10, 2031; delayed draw facility was undrawn at syndication close.
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