Cardinal completes syndication of $550 million credit package
Cardinal Infrastructure Group ($CDNL) completed syndication of an expanded credit package with $550 million in commitments. The structure includes a $100 million revolving facility, an existing term loan originally totaling $200 million and a new delayed-draw term loan of up to $250 million. The revolver was increased from $75 million. The delayed-draw facility was undrawn when syndication completed and can be accessed in up to five advances over 18 months through March 2028, primarily for permi
0