Chicago Atlantic BDC secures $100M credit line

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Chicago Atlantic BDC, Inc. (NASDAQ: LIEN) announced Wednesday it has closed on a new $100 million senior secured revolving credit facility.

The credit facility, led by an unnamed FDIC-insured financial institution, matures in March 2028 and carries an interest rate of SOFR plus 3%, according to the company.

Scott Gordon, executive chairman…

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