What is a revolving credit facility and what purpose does it serve?

• Committed equity capital contributed by the sponsor to fund the company's ongoing operations
• A funded term facility that, once drawn, contractually cannot be repaid before its maturity date
• A single public bond issuance raised up front to fund a specific, one-time capital need
• A flexible line that can be drawn, repaid, and redrawn, used for working capital and liquidity
• A fixed-term loan drawn once at close and repaid in equal scheduled installments over its life