--- schema_version: "secwatch.filing_event.v1" accession: "0001104659-23-078409" form_type: "8-K" ticker: null cik: "0001930087" company_name: "Golub Capital Private Credit Fund" filed_at: "2023-07-06T23:59:59+00:00" generated_at: "2026-06-13T12:16:07.749259+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.7 calibrated_materiality_score: 0.7 confidence: "high" source: SEC EDGAR --- # Golub Capital Private Credit Fund acquires CLO vehicle for ~$442M, funded by $650M private share offering ## Summary - Acquired 100% beneficial interests and subordinated notes of GCP SG Warehouse 2022-1 for estimated $442M. - Seed assets include loans to 80 borrowers with estimated fair value $936M, less $499M in assumed borrowings. - Funded with cash from private offering of 26M Class F shares (reclassified as Class I), raising $650M. - CLO vehicle amended credit facility: $500M commitments ($250M term + $250M revolving), maturing June 2030. - Fund entered $50M unsecured revolving credit facility with adviser GC Advisors LLC, expiring July 2026. ## SEC filing metadata - accession: 0001104659-23-078409 - form_type: 8-K - cik: 0001930087 - company_name: Golub Capital Private Credit Fund - filed_at: 2023-07-06T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.7 - calibrated_materiality_score: 0.7 - confidence: high - sec_items: 1.01, 2.01, 2.03, 3.02, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1930087/000110465923078409/0001104659-23-078409-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1930087/000110465923078409/tm2320405d1_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001104659-23-078409 - JSON: https://secwatch.observer/filing/0001104659-23-078409.json - Plain text: https://secwatch.observer/filing/0001104659-23-078409.txt ## Key facts - M&A Transactions Golub Capital Private Credit Fund completed an acquisition involving GCP HS Fund, GCP CLO Holdings Sub LP, and others for estimated aggregate purchase price of approximately $442 million, paid 90% in cash and the remaining amount with an unsecured promissory note (closed 2023-07-01). - Action: acquisition - Counterparty: GCP HS Fund, GCP CLO Holdings Sub LP, and others - Consideration: estimated aggregate purchase price of approximately $442 million, paid 90% in cash and the remaining amount with an unsecured promissory note - Closing: 2023-07-01 source text: Vehicle (together, the “ Equity Interests ”), for an estimated aggregate purchase price (paid to each Seller based on its pro rata ownership of the CLO Vehicle) of approximately $442 million (the “ Estimated Purchase Price ”), which may be adjusted following the Fund’s Board of Trustee’s (the “ Board ”) approval of the final net asset value (the “ Final NAV ”) of the evidence_url: https://www.sec.gov/Archives/edgar/data/1930087/000110465923078409/0001104659-23-078409-index.htm - Material Agreements Golub Capital Private Credit Fund entered into Share Purchase and Sale Agreement with GCP HS Fund, GCP CLO Holdings Sub LP, GC Advisors LLC valued at approximately $442 million (effective 2023-07-01). - Action: entry - Agreement: asset purchase - Counterparty: GCP HS Fund, GCP CLO Holdings Sub LP, GC Advisors LLC - Value: approximately $442 million - Effective: 2023-07-01 source text: Pursuant to a Share Purchase and Sale Agreement, dated July 1, 2023 (the “ Purchase and Sale Agreement ”), by and among Golub Capital Private Credit Fund, a Delaware statutory trust structured as an externally managed, non-diversified closed-end management investment company (the “ Fund ”), GCP HS Fund, a Delaware statutory trust, GCP CLO Holdings Sub LP, an exempted limited partnership registered in the Cayman Islands (each, a “ Seller ” and, collectively, “ Sellers ”), and GC Advisors LLC, a Delaware limited liability company, the Fund’s investment adviser (the “ Adviser ”), the Fund acquired all of the assets and liabilities (the “ Seed Assets ”) of GCP SG Warehouse 2022-1 (the “ CLO Vehicle ”) through the purchase from the Sellers of 100% of the beneficial interests in, and 100% of the subordinated notes issued by, the CLO Vehicle (together, the “ Equity Interests ”), for an estimated aggregate purchase price (paid to each Seller based on its pro rata ownership of the CLO Vehicle) evidence_url: https://www.sec.gov/Archives/edgar/data/1930087/000110465923078409/0001104659-23-078409-index.htm - Material Agreements Golub Capital Private Credit Fund entered into Amended and Restated Collateral Management Agreement with GC Advisors LLC valued at collateral management services; fees offset against management fee (effective 2023-07-01). - Action: entry - Counterparty: GC Advisors LLC - Value: collateral management services; fees offset against management fee - Effective: 2023-07-01 source text: (ii) an Amended and Restated Collateral Management Agreement, dated as of July 1, 2023, by and among the CLO Vehicle, as borrower, and the Adviser, as collateral manager (in such capacity, the “ Collateral Manager ”) (the “ Collateral Management Agreement ”) evidence_url: https://www.sec.gov/Archives/edgar/data/1930087/000110465923078409/0001104659-23-078409-index.htm - Material Agreements Golub Capital Private Credit Fund amended Amended and Restated Credit Agreement with Société Générale, Wilmington Trust, National Association valued at $500 million aggregate commitments; $250 million term loans; $250 million revolving loans; accordion (effective 2023-07-01). - Action: amendment - Agreement: credit facility - Counterparty: Société Générale, Wilmington Trust, National Association - Value: $500 million aggregate commitments; $250 million term loans; $250 million revolving loans; accordion - Effective: 2023-07-01 source text: On July 1, 2023, the CLO Vehicle amended its credit facility (the “ Credit Facility ”) and entered into (i) an Amended and Restated Credit Agreement by and among the CLO Vehicle, as borrower, Société Générale, as administrative agent, the Lenders and the Subordinated Noteholders party thereto, and Wilmington Trust, National Association as collateral agent, collateral administrator, custodian and collateral custodian (the “ Credit Agreement ”) evidence_url: https://www.sec.gov/Archives/edgar/data/1930087/000110465923078409/0001104659-23-078409-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.