Golub Capital Private Credit Fund

11/27/2024 | Press release | Distributed by Public on 11/27/2024 15:54

Material Agreement Form 8 K

Item 1.01. Entry into a Material Definitive Agreement.

SMBC Credit Facility Amendment

On November 22, 2024, Golub Capital Private Credit Fund (the "Company") entered into the Third Amendment (the "Third Amendment") to the senior secured revolving credit facility, dated as of September 6, 2023, and as amended by the First Amendment thereto, dated as of May 6, 2024, and the Second Amendment thereto, dated as of July 24, 2024 (the "SMBC Credit Facility"), by and among the Company, as borrower, Sumitomo Mitsui Banking Corporation, as administrative agent and as collateral agent, and the lenders and issuing banks from time to time party thereto. The Third Amendment, among other things, (a) increased the total commitment facility amount from $1.115 billion to $1.240 billion through the addition of new lenders, (b) extended the Maturity Date to November 22, 2029, (c) reduced the applicable margin on borrowings under the SMBC Credit Facility to 0.875% for any ABR Loan and 1.875% for any Term Benchmark Loan or RFR Loan and (d) reduced the commitment fee on the daily unused portion of commitments to 0.35% per annum. Capitalized terms used but not defined herein have the meanings ascribed thereto in the Third Amendment.

The foregoing description of the Third Amendment is not complete and is qualified in its entirety by reference to the full text of the Third Amendment, which is attached hereto as Exhibit 10.1.