---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-124088"
form_type: "8-K"
ticker: null
cik: "0001895316"
company_name: "Brightwood Capital Corp I"
filed_at: "2025-12-23T23:59:59+00:00"
generated_at: "2026-05-16T12:19:22.021860+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Brightwood Capital ups credit facility to $350M, extends to 2028, cuts margin to 2.15%

## Summary
- Facility Amount increased to $350 million from prior amount under Fifth Amendment.
- Commitment Termination Date extended to December 18, 2028.
- Applicable Margin reduced to 2.15% from 2.75% over benchmark.
- First Foundation Bank exits as lender; Bank OZK named Joint Lead Arranger.
- Rolling Six-Month Default Ratio Test definition revised to include any of five prior settlement periods.

## SEC filing metadata
- accession: 0001104659-25-124088
- form_type: 8-K
- cik: 0001895316
- company_name: Brightwood Capital Corp I
- filed_at: 2025-12-23T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1895316/000110465925124088/0001104659-25-124088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1895316/000110465925124088/tm2534170d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-124088
- JSON: https://secwatch.observer/filing/0001104659-25-124088.json
- Plain text: https://secwatch.observer/filing/0001104659-25-124088.txt

## Key facts
- Material Agreements
  Brightwood Capital Corp I amended Fifth Amendment with KeyBank National Association, as administrative agent and syndication agent, U.S. National Bank Association, as collateral custodian, U.S. Bank Trust Company, National Association, as paying agent, each of the lenders from time to time party thereto valued at $350,000,000 (effective 2025-12-18).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: KeyBank National Association, as administrative agent and syndication agent, U.S. National Bank Association, as collateral custodian, U.S. Bank Trust Company, National Association, as paying agent, each of the lenders from time to time party thereto
  - Value: $350,000,000
  - Effective: 2025-12-18
  source text: Effective as of December 18, 2025, BCCI SPV-1, LLC (“ BCCI SPV ”), a wholly owned subsidiary of Brightwood Capital Corporation I (the “ Corporation ”) entered into the Fifth Amendment (the “ Fifth Amendment ”) to the Credit Agreement dated as of March 30, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1895316/000110465925124088/0001104659-25-124088-index.htm

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