---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-238595"
form_type: "8-K"
ticker: null
cik: "0001772704"
company_name: "Goldman Sachs Private Middle Market Credit II LLC"
filed_at: "2023-09-20T23:59:59+00:00"
generated_at: "2026-06-10T12:15:57.520956+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Goldman Sachs PMMC II amends credit facility: advance rate up to 60%, maturity extended to 2026

## Summary
- Advance rate increased from 55% to 60% (62.5% for interest distribution conditions).
- Scheduled termination date extended by one year to September 24, 2026.
- Market Value Trigger raised from 65.0% to 67.5%; Cure Level from 55.0% to 60.0%.
- Reallocated 0.20% of undrawn fee and interest margin to a stand-alone administration fee.
- Restriction added: SPV cannot acquire new recurring revenue loans exceeding 25% of collateral.

## SEC filing metadata
- accession: 0001193125-23-238595
- form_type: 8-K
- cik: 0001772704
- company_name: Goldman Sachs Private Middle Market Credit II LLC
- filed_at: 2023-09-20T23:59:59+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/1772704/000119312523238595/0001193125-23-238595-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1772704/000119312523238595/d549375d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-238595
- JSON: https://secwatch.observer/filing/0001193125-23-238595.json
- Plain text: https://secwatch.observer/filing/0001193125-23-238595.txt

## Key facts
- Debt Financings
  Goldman Sachs Private Middle Market Credit II LLC amended credit facility of not stated (Advance Rate increased from 55% to 60%, generally, and from 57.5% to 62.5% for certain distribution conditio with JPMorgan Chase Bank, National Association, as administrative agent and lender at reallocated 0.20% of the undrawn fee and the interest rate margin to a stand-alo maturing extended the scheduled termination date from September 24, 2025 to September 24, 2026.
  - Instrument: credit facility
  - Principal: not stated (Advance Rate increased from 55% to 60%, generally, and from 57.5% to 62.5% for certain distribution conditio
  - Counterparty: JPMorgan Chase Bank, National Association, as administrative agent and lender
  - Rate: reallocated 0.20% of the undrawn fee and the interest rate margin to a stand-alo
  - Maturity: extended the scheduled termination date from September 24, 2025 to September 24, 2026
  - Event: amendment
  source text: y the second amendment thereto, dated October 29, 2021, and by the third amendment thereto, dated February 15, 2022 (as so amended and as further amended by the Fourth Amendment, the “Amended and Restated Loan and Security Agreement”), among SPV, the Company, JPMorgan Chase Bank, National Association, as administrative agent and lender, U.S.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1772704/000119312523238595/0001193125-23-238595-index.htm
- Material Agreements
  Goldman Sachs Private Middle Market Credit II LLC amended Fourth Amendment with JPMorgan Chase Bank, National Association, as administrative agent and lender, U.S. Bank Trust Company, National Association, as collateral agent and collateral administrator, and U.S. Bank National Association, as securities intermediary (effective 2023-09-14).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, National Association, as administrative agent and lender, U.S. Bank Trust Company, National Association, as collateral agent and collateral administrator, and U.S. Bank National Association, as securities intermediary
  - Effective: 2023-09-14
  source text: On September 14, 2023, Goldman Sachs Private Middle Market Credit II SPV II LLC (“SPV”), a wholly-owned subsidiary of Goldman Sachs Private Middle Market Credit II LLC (the “Company”), entered into a fourth amendment (the “Fourth Amendment”) to the Amended and Restated Loan and Security Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1772704/000119312523238595/0001193125-23-238595-index.htm

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