Goldman Sachs BDC, Inc.
For the period ended Mar 31, 2026. Filed May 7, 2026.
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Mar 31, 2026 · Filed May 7, 2026
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ITEM 5. OTHER INFORMATION.
(a)
On May 5, 2026, the Company entered into that certain Fifteenth Amendment to Senior Secured Revolving Credit Agreement, by and among the Company, as Borrower, the lenders party thereto and Truist Bank, as Administrative Agent and as Collateral Agent and other parties thereto (the “Fifteenth Amendment”). The Fifteenth Amendment, among other things, (i) extends the final maturity date from June 24, 2030 to May 5, 2031, (ii) extends the commitment termination date from June 22, 2029 to May 3, 2030, (iii) reduces the applicable margin to (a) with respect to any ABR Loan, 0.775% per annum and (b) with respect to any Term Benchmark Loan or Daily Simple RFR Loan, 1.775% per annum, in each case, subject to an additional step-down in applicable margin if the Gross Borrowing Base is greater than or equal to the product of 1.60 and the Combined Debt Amount, (iv) reduces the commitment of each of Santander Bank, N.A., CIT Finance LLC and BankUnited, N.A. to zero on the Fifteenth Amendment Effective Date, (v) removes all credit adjustment spreads, (vi) increases the swingline sublimit from $150,000 to $200,000, (vii) increases the letter of credit sublimit from $150,000 to $200,000, (viii) reduces the commitment fee from 0.375% to 0.325%, and (ix) reduces letter of credit fronting fees from 0.25% per annum to 0.125% per annum. Capitalized terms used but not otherwise defined herein have the meanings ascribed to them in the Fifteenth Amendment.
The foregoing description is only a summary of the material provisions of the Fifteenth Amendment and is qualified in its entirety by reference to the full text of the Fifteenth Amendment filed as Exhibit 10.2 hereto and incorporated herein by reference.
(b)
None.
(c)
During the three months ended March 31, 2026, no director or officer of the Company adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.
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