secwatch / observer
8-K filed September 14, 2023, 7:59 PM ET CIK 0001868878
debt confidence high sentiment neutral materiality 0.50

GOLUB CAPITAL DIRECT LENDING CORP: debt financing — Golub Capital Direct Lending boosts credit facility to $170M, updates pricing margin

GOLUB CAPITAL DIRECT LENDING CORP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

GOLUB CAPITAL DIRECT LENDING CORP amended credit facility with PNC Bank, National Association.

Instrument
credit facility
Counterparty
PNC Bank, National Association
Event
amendment
Exact text from the filing
On September 8, 2023, Golub Capital Direct Lending Corporation (the “Company”), GDLC Funding LLC (“GDLC Funding”), a direct, wholly owned subsidiary of the Company, GDLC Feeder Fund, L.P. (“GDLC Feeder”) and, Golub Onshore GP 3, LLC (“Feeder GP”), the general partner of GDLC Feeder, entered into an increase notice and a third amendment (collectively and together with certain other documents executed concurrently, the “Third PNC Facility Amendment”) to the documents governing the revolving credit and security agreement, initially entered into as of March 21, 2022, by and among the Company, GDLC Funding, PNC Bank, National Association, as administrative agent for the secured parties, the collateral agent, and a lender, PNC Capital Markets LLC, as structuring agent, and the lenders from time to time party thereto (as amended, the “PNC Facility”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

GOLUB CAPITAL DIRECT LENDING CORP amended Third PNC Facility Amendment with PNC Bank, National Association, as administrative agent, PNC Capital Markets LLC, as structuring agent, and the lenders party thereto valued at $170.0 million (effective 2023-09-08).

Action
amendment
Agreement
credit facility
Counterparty
PNC Bank, National Association, as administrative agent, PNC Capital Markets LLC, as structuring agent, and the lenders party thereto
Value
$170.0 million
Effective
2023-09-08
Exact text from the filing
On September 8, 2023, Golub Capital Direct Lending Corporation (the “Company”), GDLC Funding LLC (“GDLC Funding”), a direct, wholly owned subsidiary of the Company, GDLC Feeder Fund, L.P. (“GDLC Feeder”) and, Golub Onshore GP 3, LLC (“Feeder GP”), the general partner of GDLC Feeder, entered into an increase notice and a third amendment (collectively and together with certain other documents executed concurrently, the “Third PNC Facility Amendment”) to the documents governing the revolving credit and security agreement, initially entered into as of March 21, 2022, by and among the Company, GDLC Funding, PNC Bank, National Association, as administrative agent for the secured parties, the collateral agent, and a lender, PNC Capital Markets LLC, as structuring agent, and the lenders from time to time party thereto (as amended, the “PNC Facility”).
View on SEC.gov

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Source: SEC EDGAR
accession 0001104659-23-100826
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