Golub Capital Private Credit Fund

30/07/2024 | Press release | Distributed by Public on 30/07/2024 22:43

Material Agreement Form 8 K

Item 1.01. Entry into a Material Definitive Agreement.

SMBC Credit Facility Amendment

On July 24, 2024, Golub Capital Private Credit Fund (the "Company") entered into the Second Amendment (the "Second 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, (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 Second Amendment, among other things, (a) added Synovus Bank as a new Joint Lead Arranger and lender under the SMBC Credit Facility, (b) increased the total commitment facility amount from $840.0 million to $1,115.0 million, which includes a $37.5 million term loan commitment and (c) increased the permissible amount of total Indebtedness the Company can incur pursuant to the GC Advisors Loan Agreement from $100.0 million to $300.0 million. Capitalized terms used but not defined herein have the meanings ascribed thereto in the Second Amendment.

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