Question-and-Answer Session
Operator
Thank you (Operator Instructions). Our first question is coming from Jon Arfstrom with RBC Capital. Please state your question.
Jon Arfstrom - RBC Capital Markets
Thank you. Good morning.
David Gladstone
Good morning.
Jon Arfstrom - RBC Capital Markets
A couple of questions here. To the extent you can David, can you talk a little bit about the debt levels of the company, and where we're likely to see that go and maybe give us a bit of an update in terms of how your conversations are going with the banks?
David Gladstone
Yeah, we've only had conversations with two of the lenders. And we have a schedule in the next couple of weeks with the third. Both of them have very strong desire to be part of the credit. We think we'll go forward on that basis, but we need to have a conversation with the third one. We are talking about maintaining a level at about 125 which is where we are today. And we also want to help those banks. We don't have one bank that's been not interested in being part of the Group, and they've been part of the Group anyway. But, our hope is that now that things seem to be leveling out a bit that the banks will be more straight forward and want to lend money.
But, Jon, I don't know, we've started very early, obviously we started at the end of January for a line of credit that comes up in April. So, we certainly have plenty of time to workout all the teams and, as I mentioned, a couple of the banks are very interested and very strong in their support of us. We just have to see where it goes during the next 30 days, or take that much time to get everything in place.
Jon Arfstrom - RBC Capital Markets
Okay. And then in terms of the change in valuation procedures, they certainly understand that, it looks like there is one of your syndicated loans where you're able to use a quoted price on, or RPG Holdings? Then I'm just curious what the issue was with that particular credit. And then also wondering, is some of those firmer activity in the market in this -- since year end, describe you to be maybe a bit more optimistic that you'll go back to using quotes at some point?
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