---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-062473"
form_type: "8-K"
ticker: null
cik: "0001868878"
company_name: "GOLUB CAPITAL DIRECT LENDING CORP"
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T21:44:55.296518+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Golub Capital Direct Lending enters into $150M credit facility with Deutsche Bank

## Summary
- Up to $150M committed by lenders, including Deutsche Bank, to subsidiary GDLC Funding II LLC via a loan financing and servicing agreement.
- Revolving period runs from May 14, 2024 through May 14, 2027; interest at base rate plus 2.25% (revolving) or 2.75% (post-revolving).
- Facility is secured by all assets of GDLC Funding; proceeds used to fund loan originations by the borrower.
- Non-usage fee of 0.25% p.a. on undrawn amounts; prepayment fees of 0.50% (year 1) and 0.25% (year 2) apply.
- Borrowing is subject to Investment Company Act leverage restrictions.

## SEC filing metadata
- accession: 0001104659-24-062473
- form_type: 8-K
- cik: 0001868878
- company_name: GOLUB CAPITAL DIRECT LENDING CORP
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1868878/000110465924062473/0001104659-24-062473-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1868878/000110465924062473/tm2414696d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-062473
- JSON: https://secwatch.observer/filing/0001104659-24-062473.json
- Plain text: https://secwatch.observer/filing/0001104659-24-062473.txt

## Key facts
- Debt Financings
  GOLUB CAPITAL DIRECT LENDING CORP incurred credit facility of up to $150.0 million with Deutsche Bank AG, New York Branch at applicable base rate plus 2.25% per annum during the Revolving Period, and 2.75% maturing earliest of (i) three (3) years from the last day of the Revolving Period, (ii) the date on which the Company ceases to exist or (iii) the occurrence of an even.
  - Instrument: credit facility
  - Principal: up to $150.0 million
  - Counterparty: Deutsche Bank AG, New York Branch
  - Rate: applicable base rate plus 2.25% per annum during the Revolving Period, and 2.75%
  - Maturity: earliest of (i) three (3) years from the last day of the Revolving Period, (ii) the date on which the Company ceases to exist or (iii) the occurrence of an even
  - Event: incurrence
  source text: collateral agent and as collateral custodian. Under the DB Credit Facility, the lenders have agreed to extend credit to GDLC Funding in an aggregate principal amount of up to $ 150.0 million as of the Effective Date. The period during which GDLC Funding may request drawdowns under the DB Credit Facility (the “Revolving Period”) commenced on the Effective Date and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868878/000110465924062473/0001104659-24-062473-index.htm
- Material Agreements
  GOLUB CAPITAL DIRECT LENDING CORP entered into DB Credit Facility with Deutsche Bank AG, New York Branch (as facility agent), Deutsche Bank National Trust Company (as collateral agent and custodian), and other lenders valued at up to $150.0 million (effective 2024-05-14).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Deutsche Bank AG, New York Branch (as facility agent), Deutsche Bank National Trust Company (as collateral agent and custodian), and other lenders
  - Value: up to $150.0 million
  - Effective: 2024-05-14
  source text: On May 14, 2024 (the “Effective Date”), Golub Capital Direct Lending Corporation (the “Company”), GDLC Funding II LLC (“GDLC Funding”), a direct, wholly owned subsidiary of the Company, entered into a loan financing and servicing agreement (the “DB Credit Facility”), with the Company, as equityholder and as servicer, the lenders from time to time parties thereto, Deutsche Bank AG, New York Branch, as facility agent, the other agents party thereto, each of the entities from time to time party thereto as securitization subsidiaries and Deutsche Bank National Trust Company, as collateral agent and as collateral custodian.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868878/000110465924062473/0001104659-24-062473-index.htm

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