---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-100826"
form_type: "8-K"
ticker: null
cik: "0001868878"
company_name: "GOLUB CAPITAL DIRECT LENDING CORP"
filed_at: "2023-09-14T23:59:59+00:00"
generated_at: "2026-06-10T17:56:28.750712+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Golub Capital Direct Lending boosts credit facility to $170M, updates pricing margin

## Summary
- Borrowing capacity under PNC Facility increased from $120M to $170M.
- Interest margin updated to 2.00%–2.40% depending on uncalled capital coverage.
- Annualized fee payable on closing date, pro-rated for the revolving period.
- Other material terms of the facility remain unchanged.
- Effective September 8, 2023; GDLC Funding and GDLC Feeder Fund as borrowers.

## SEC filing metadata
- accession: 0001104659-23-100826
- form_type: 8-K
- cik: 0001868878
- company_name: GOLUB CAPITAL DIRECT LENDING CORP
- filed_at: 2023-09-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1868878/000110465923100826/0001104659-23-100826-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1868878/000110465923100826/tm2326064d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-100826
- JSON: https://secwatch.observer/filing/0001104659-23-100826.json
- Plain text: https://secwatch.observer/filing/0001104659-23-100826.txt

## Key facts
- Debt Financings
  GOLUB CAPITAL DIRECT LENDING CORP amended credit facility with PNC Bank, National Association.
  - Instrument: credit facility
  - Counterparty: PNC Bank, National Association
  - Event: amendment
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868878/000110465923100826/0001104659-23-100826-index.htm
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868878/000110465923100826/0001104659-23-100826-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.