Corp. (OTCMKTS:CCYPQ) Files An 8-K Entry into a Material Definitive AgreementItem 1.01 – Entry into a Material Definitive Agreement.
On August20, 2018, Goldman Sachs Middle Market Lending Corp. (the “Company”) entered into (i)an agreement with Bank of Montreal (the “BMO Joinder Agreement”), to which Bank of Montreal agreed to provide a $50million commitment 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”) and (ii)an agreement with ING Capital LLC (the “ING Joinder Agreement”), to which ING Capital LLC agreed to provide a $50million commitment through the accordion feature in the Revolving Credit Facility.
The BMO Joinder Agreement and ING Joinder Agreement collectively increased the aggregate commitments under the Revolving Credit Facility from $400million to $500million. The accordion feature of the Revolving Credit allows 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 BMO Joinder Agreement and ING Joinder Agreement and are qualified in their entirety by reference to copies of the BMO Joinder Agreement and ING Joinder Agreement, which are filed as Exhibits 10.1 and 10.2, 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 |
Joinder Agreement, dated as of August 20, 2018, by Bank of Montreal, as Assuming 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 August 20, 2018, by ING Capital LLC, 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-99.(10)(1) 2 d606661dex99101.htm JOINDER AGREEMENT,…To view the full exhibit click here
