ArrowMark Financial Corp. filed a Form 8-K on October 20, 2026, disclosing that on October 7, 2026, the company entered into a Second Amendment to its Amended and Restated Credit Agreement, increasing the maximum available revolving credit amount and extending the facility's maturity.

Key Highlights

  • Credit facility expanded: The maximum available revolving credit amount was increased to $102,000,000 from $70,000,000.
  • Maturity extended: The facility's maturity was extended to the third anniversary of the Second Amendment date, which was October 7, 2026.
  • Borrowing base broadened: The amendment expanded the existing borrowing base to include additional eligible collateral, according to the filing.
  • Administrative agent: Texas Capital Bank serves as administrative agent under the agreement.
  • Intended use of proceeds: The company disclosed it intends to use borrowing proceeds to invest in banking-related investments and other securities, and to support working capital needs.
  • Signed by CFO: The report was signed by Katie Jones, Chief Financial Officer, on October 20, 2026.

ArrowMark Financial Amends Credit Agreement with Texas Capital Bank

ArrowMark Financial Corp. (NASDAQ:BANX), a registered closed-end investment company headquartered in Denver, Colorado, disclosed on October 20, 2026, that it entered into a Second Amendment to its Amended and Restated Credit Agreement on October 7, 2026. The original credit agreement was dated June 9, 2014, and was previously amended and restated on May 27, 2022. Texas Capital Bank acts as the administrative agent, along with the lenders party to the agreement.

According to the filing, the amendment accomplishes three primary changes: it increases the maximum available revolving credit amount to $102,000,000 from $70,000,000, extends the maturity of the facility to the third anniversary of the Second Amendment date, and expands the existing borrowing base to include additional eligible collateral. The filing does not specify the exact dollar value of the incremental eligible collateral added to the borrowing base.

The company disclosed that it intends to use the borrowing proceeds "in furtherance of its investment objective by investing in banking-related investments and other securities, and to support its working capital needs." The filing was submitted under Item 8.01, designated for Other Events, and was signed by Chief Financial Officer Katie Jones.

What Was Disclosed

ArrowMark Financial Corp. reported a Second Amendment to its existing credit agreement, raising the revolving credit limit to $102,000,000 from $70,000,000, extending the facility's maturity by three years from October 7, 2026, and broadening the borrowing base collateral with Texas Capital Bank as administrative agent.