Corp. (OTCMKTS:CCYPQ) Files An 8-K Entry into a Material Definitive AgreementItem 1.01 – Entry into a Material Definitive Agreement.
On April6, 2018, Goldman Sachs Middle Market Lending Corp. (the “Company”) entered into (i)an agreement with Citibank, N.A. (the “Citibank Increasing Lender Agreement”), to which Citibank, N.A. agreed to increase its $25million commitment to $50million through the accordion feature in the Company’s senior secured revolving credit agreement, dated as of September11, 2017, with SunTrust Bank serving as administrative agent (as amended, supplemented or otherwise modified and in effect from time to time, the “Revolving Credit Facility”), (ii) an agreement with Industrial and Commercial Bank of China Limited, New York Branch (the “ICBC Joinder Agreement”), to which Industrial and Commercial Bank of China Limited, New York Branch agreed to provide a $50million commitment through the accordion feature in the Revolving Credit Facility and (iii)an agreement with Bank (the “ Bank Joinder Agreement”), to which Bank agreed to provide a $50million commitment through the accordion feature in the Revolving Credit Facility.
The Citibank Increasing Lender Agreement, ICBC Joinder Agreement and Bank Joinder Agreement collectively increased the aggregate commitments under the Revolving Credit Facility from $275million to $400million. The Revolving Credit Facility continues to include an accordion feature, which would allow the Company, subject to the satisfaction of various conditions, to bring total commitments under the Revolving Credit Facility to $500million.There were no other amendments to the terms of the Revolving Credit Facility.
The foregoing descriptions are only a summary of the material provisions of the Citibank Increasing Lender Agreement, ICBC Joinder Agreement and Bank Joinder Agreement and are qualified in their entirety by reference to copies of the Citibank Increasing Lender Agreement, ICBC Joinder Agreement and Bank Joinder Agreement, which are filed as Exhibits 10.1, 10.2 and 10.3, respectively, to this Current Report on Form 8-K and are incorporated by reference herein.
Item 1.01 – Creation of a Direct Financial Obligation or an Obligation underanOff-
BalanceSheetArrangement of a Registrant.
The information set forth under Item 1.01 above is incorporated by reference into this Item 1.01.
Item 1.01 – Financial Statements and Exhibits.
(d) Exhibits:
|
ExhibitNumber |
Description |
| 10.1 | Increasing Lender Agreement, dated as of April 6, 2018, by Citibank, N.A., as Increasing Lender, in favor of the Company as Borrower, and SunTrust Bank, as administrative agent under the Revolving Credit Facility. |
| 10.2 | Joinder Agreement, dated as of April 6, 2018, by Industrial and Commercial Bank of China Limited, New York Branch, as Assuming Lender, in favor of the Company as Borrower, and SunTrust Bank, as administrative agent under the Revolving Credit Facility. |
| 10.3 | Joinder Agreement, dated as of April 6, 2018, by Bank, as Assuming Lender, in favor of the Company as Borrower, and SunTrust Bank, as administrative agent under the Revolving Credit Facility. |
Goldman Sachs Middle Market Lending Corp. ExhibitEX-10.1 2 d568169dex101.htm INCREASING LENDER AGREEMENT,…To view the full exhibit click here
