HarbourVest Global Private Equity Limited has announced that it has secured a new and extended revolving credit facility, increasing from $800m to $1.2bn and thus providing additional working capital headroom and enabling greater flexibility in capital allocation decisions. The terms are highly competitive in today’s market, with a commitment fee of 100bps and a drawn margin of 350bps. The facility is fully committed for a new five-year term ending June 2029.

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Below is an interview with Chairman Ed Warner & Managing Director, Richard Hickman