Wintrust Financial (WTFC) in Rosemont, Ill., has renegotiated a $100 million loan agreement with outside lenders.

The company said in a regulatory filing Thursday that it has no outstanding balance under the agreement with Bank of America (BAC), Wells Fargo (WFC) and Royal Bank of Canada. The lenders have individual commitments of about $33.3 million under the agreement.

Wintrust was able to reduce the minimum interest rate for the commitment by 50 basis points, to 3.5%, and the revolving credit commitment fee by 12.5 basis points, to 0.375%. In return, the company agreed to keep at least $20 million in cash on hand, compared to $15 million under previous versions of the agreement.

In addition, Wintrust disclosed that it had repaid and terminated a $1 million term facility with Bank of America. It also repaid the remaining $10 million outstanding under its subordinated note agreement with the lender.

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