secwatch.observer — SEC 8-K summary
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Issuer:     GOLUB CAPITAL DIRECT LENDING CORP (—)
CIK:        0001868878
Form:       8-K
Filed at:   2024-05-16T23:59:59+00:00
Accession:  0001104659-24-062473
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868878/000110465924062473/0001104659-24-062473-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868878/000110465924062473/tm2414696d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-062473

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