UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT PURSUANT TO
SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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| Item 1.01. | Entry into a Material Definitive Agreement |
On April 9, 2024, Monroe Capital Income Plus Corporation (the “Company”), increased the Facility Amount pursuant to the accordion feature of the Term Credit and Security Agreement, dated December 20, 2022 (as amended, the “Credit Agreement”), between MC Income Plus Financing SPV II LLC, a wholly-owned subsidiary of the Company as borrower (the “Borrower”), and the Company, as collateral manager, with KeyBank National Association, as administrative agent (the “Administrative Agent”) and lead arranger, the lenders from time to time party thereto, U.S. Bank Trust Company, National Association, as collateral agent and collateral administrator, and U.S. Bank National Association, as document custodian (the “Credit Facility”).
The Facility Amount under the Credit Facility’s accordion feature was increased from $119.5 million of aggregate commitments to $194.5 million of aggregate commitments. The accordion feature in the Credit Facility allows the Company, under certain circumstances, to increase the total size of the Credit Facility upon request to the Administrative Agent and with the consent of one or more increasing or additional lenders.
The description above is only a summary of the Facility Amount increase, and is qualified in its entirety by reference to the copy of the Facility Amount Increase Request, dated as of April 9, 2024, by and among the Company, the Borrower, the lenders party thereto and the Administrative Agent, which will be filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2024.
| Item 2.03 | Creation of a Direct Financial Obligation |
The information set forth under Item 1.01 above is incorporated by reference into this Item 2.03.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Monroe Capital Income Plus Corporation | ||
| Date: April 11, 2024 | By: | /s/ Lewis W. Solimene, Jr. |
| Lewis W. Solimene, Jr. | ||
| Chief Financial Officer and Chief Investment Officer | ||