GOLDMAN SACHS BDC, INC. (NYSE:GSBD) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.
entered into a third amendment (the Amendment) to the senior
secured revolving credit agreement among the Company, as
borrower, the Lenders party thereto, and SunTrust Bank, as
administrative agent (as amended and supplemented, the Revolving
Credit Facility) to, among other things: (1) increase aggregate
commitments under the Revolving Credit Facility from $570 million
to $605 million and (2) extend the final maturity date from
November 4, 2020 to December 16, 2021.
feature, which would allow the Company, under certain
circumstances, to increase the total size of the facility to a
maximum of $1.0 billion.
provisions of the Revolving Credit Facility and is qualified in
its entirety by reference to a copy of the Amendment, which is
filed as Exhibit 10.1 to this Current Report on Form 8-K and
incorporated by reference herein.
Obligation under an Off-Balance Sheet Arrangement of a
Registrant.
by reference into this Item 2.03.
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Exhibit Number
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Description
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10.1
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Third Amendment to Senior Secured Revolving Credit
Agreement, dated as of December 16, 2016, among Goldman Sachs BDC, Inc., as borrower, the Lenders party thereto, and SunTrust Bank, as administrative agent and as collateral agent. |
About GOLDMAN SACHS BDC, INC. (NYSE:GSBD)
Goldman Sachs BDC, Inc., formerly Goldman Sachs Liberty Harbor Capital, LLC, is a closed-end management investment company. The Company is focused on lending to middle-market companies. Its investment objective is to generate current income and capital appreciation through direct originations of secured debt, including first lien, first lien/last-out unitranche and second lien debt, and unsecured debt, including mezzanine debt, as well as through select equity investments. It focuses on lending to the United States middle-market companies. Its portfolio includes first lien/senior secured debt, first lien/last-out unitranche, second lien/senior secured debt, preferred stock, common stock, and investment funds and vehicles. It invests in healthcare providers and services, textiles, apparel and luxury goods, semiconductors and semiconductor equipment, automobiles, and energy equipment and services sectors. Goldman Sachs Asset Management, L.P. is the investment advisor of the Company. GOLDMAN SACHS BDC, INC. (NYSE:GSBD) Recent Trading Information
GOLDMAN SACHS BDC, INC. (NYSE:GSBD) closed its last trading session up +0.05 at 23.49 with 110,472 shares trading hands.
