Golub Capital Direct Lending Corp.

22/07/2024 | Press release | Distributed by Public on 22/07/2024 13:06

Material Agreement Form 8 K

Item 1.01. Entry into a Material Definitive Agreement

On July 11, 2024, GDLC Funding II LLC ("GDLC Funding"), a direct wholly-owned subsidiary of Golub Capital Direct Lending Corporation (the "Company"), entered into an amendment (and together with certain other documents executed concurrently, the "First DB Facility Amendment") to the documents governing the loan financing and serving agreement initially entered into on May 14, 2024, by and among the Company, GDLC Funding, the lenders from time to time party thereto, Deutsche Bank AG, New York Branch, as facility agent, the other agents party thereto, each of the entities from time to time party thereto as securitization subsidiaries and Computershare Trust Company, National Association, as collateral agent and as collateral custodian (the "DB Credit Facility").

The First DB Facility Amendment, among other things, increases the borrowing capacity under the DB Credit Facility from $150.0 million to $300.0 million and decreases the applicable margin to 2.20% per annum during the Revolving Period, and 2.70% per annum after the Revolving Period. The other material terms of the DB Credit Facility were unchanged.