11/18/2024 | Press release | Distributed by Public on 11/18/2024 15:38
Item 1.01 - Entry into a Material Definitive Agreement.
On November 14, 2024, Goldman Sachs Middle Market Lending Corp. II (the "Company") entered into a fourth amendment (the "Fourth Amendment") to the Revolving Credit Agreement, dated as of November 26, 2021, by and among the Company, as borrower, and Bank of America, N.A., as administrative agent, lead arranger, sole bookrunner, structuring agent, letter of credit issuer and a lender (as amended by the First Amendment, dated July 26, 2022, the Second Amendment, dated November 14, 2022, and the Third Amendment, dated November 9, 2023, the "Agreement"), with an effective date of November 22, 2024. The Fourth Amendment (i) extends the Stated Maturity Date (as defined in the Agreement) by six months to May 22, 2025, and includes one committed extension option that permits the Company to further extend the Stated Maturity Date to November 21, 2025, subject to the satisfaction of certain customary conditions and (ii) reduces the Maximum Commitment (as defined in the Agreement) from $95,000,000 to $30,000,000. The interest rate on obligations under the Agreement is (A) the prevailing Daily Simple SOFR, Term SOFR for the applicable interest period or the applicable alternative currency rate, in each case, plus any applicable credit spread adjustment (which is zero for Daily Simple SOFR and one-monthTerm SOFR), plus 2.85% per annum, or (B) an alternate base rate (the greatest of (i) the Prime Rate plus 1.85% per annum, (ii) the Federal Funds Rate plus 0.50% plus 1.85% per annum, and (iii) Term SOFR with a one-monthtenor plus 1.00%).
The foregoing description is only a summary of the material provisions of the Fourth Amendment and is qualified in its entirety by reference to a copy of the Fourth Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-Kand incorporated by reference herein.