---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-118129"
form_type: "8-K"
ticker: null
cik: "0001901612"
company_name: "Golub Capital BDC 4, Inc."
filed_at: "2025-12-03T23:59:59+00:00"
generated_at: "2026-05-16T15:29:41.650269+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Golub Capital BDC 4 amends credit facility, cuts interest margin by 25 bps

## Summary
- GBDC 4 Funding III LLC, a wholly-owned subsidiary, entered into amendment to BNP Paribas credit facility on Nov 26, 2025.
- Applicable margin during reinvestment period reduced from 2.10% to 1.85%; after reinvestment period from 2.35% to 2.10%.
- All other material terms of the BNP Credit Facility, originally dated August 15, 2024, remained unchanged.

## SEC filing metadata
- accession: 0001104659-25-118129
- form_type: 8-K
- cik: 0001901612
- company_name: Golub Capital BDC 4, Inc.
- filed_at: 2025-12-03T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1901612/000110465925118129/0001104659-25-118129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1901612/000110465925118129/tm2532571d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-118129
- JSON: https://secwatch.observer/filing/0001104659-25-118129.json
- Plain text: https://secwatch.observer/filing/0001104659-25-118129.txt

## Key facts
- Material Agreements
  Golub Capital BDC 4, Inc. amended BNP Credit Facility with BNP Paribas, as administrative agent, and the lenders party thereto (effective 2025-11-26).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: BNP Paribas, as administrative agent, and the lenders party thereto
  - Effective: 2025-11-26
  source text: On November 26, 2025, GBDC 4 Funding III LLC (“GBDC 4 Funding”), a direct wholly-owned subsidiary of Golub Capital BDC 4, Inc. (the “Company”), entered into an agreement to amend the documents governing that certain Revolving Credit and Security Agreement (the “BNP Credit Facility”), dated August 15, 2024, by and among GBDC 4 Funding as borrower, the Company, as equityholder and as servicer, the lenders from time to time party thereto, BNP Paribas, as administrative agent, each of the entities from time to time party thereto as securitization subsidiaries and Computershare Trust Company, N.A., as collateral agent, to , among other things, decrease the applicable margin during the reinvestment period from 2.10% to 1.85% and after the reinvestment period from 2.35% to 2.10%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1901612/000110465925118129/0001104659-25-118129-index.htm

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