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BRIEF-Hamilton Lane Inc entered into a term loan & security agreement, a revolving loan & security agreement​
August 25, 2017 / 9:32 PM / in 3 months

BRIEF-Hamilton Lane Inc entered into a term loan & security agreement, a revolving loan & security agreement​

Aug 25 (Reuters) - Hamilton Lane Inc

* Hamilton Lane Inc - ‍on Aug 23, Hamilton Lane Advisors Llc entered into a term loan & security agreement, a revolving loan & security agreement​

* Hamilton Lane Inc - ‍term loan agreement provides for a term loan facility in an aggregate principal amount of $75 million - SEC filing​

* Hamilton Lane Inc - ‍term loan facility matures on November 1, 2024​

* Hamilton Lane Inc - ‍revolving loan agreement provides for a revolving credit facility up to an aggregate principal amount of $25 million​

* Hamilton Lane Inc - ‍revolving loan facility matures on August 21, 2020​

* Hamilton Lane- ‍term loan agreement contains accordion feature, allows HLA to increase commitment under facility by upto $25 million under certain conditions​

* Hamilton Lane Inc - ‍HLA repaid all obligations under and terminated credit and guaranty agreement dated as of July 9, 2015​ Source text: (bit.ly/2voxi09) Further company coverage:

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