JZ Capital Partners Limited has announced its intention to increase its c.$100 million credit facility with Guggenheim Partners by $50 million.
The purpose of this increase in borrowings is to provide additional liquidity to JZCP in order to bridge certain planned realisations. The entire $150 million facility may be repaid, in whole or in part, with no penalty after June 2017.
JZCP : JZ Capital extends credit line