secwatch / observer
8-K filed November 30, 2023, 6:59 PM ET CIK 0001899017
debt confidence high sentiment neutral materiality 0.50

Bain Capital Private Credit: debt financing — Bain Capital Private Credit enters $150M revolving credit facility; reaches $100M offering milestone

Bain Capital Private Credit

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.98

Bain Capital Private Credit incurred revolving credit of $150,000,000 with Goldman Sachs Bank USA at three-month term SOFR plus 2.90% maturing November 29, 2028.

Instrument
revolving credit
Principal
$150,000,000
Counterparty
Goldman Sachs Bank USA
Rate
three-month term SOFR plus 2.90%
Maturity
November 29, 2028
Event
incurrence
Exact text from the filing
Company, N.A., as Collateral Administrator, Collateral Agent and Collateral Custodian (“Computershare”). The maximum commitment amount under the Revolving Credit Facility is $ 150,000,000 . Proceeds of the borrowings under the Revolving Credit Facility may be used, among other things, to fund portfolio investments by the Borrower and to make advances under delayed
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Bain Capital Private Credit entered into Revolving Credit Facility with Goldman Sachs Bank USA, as Syndication Agent and Administrative Agent; Computershare Trust Company, N.A., as Collateral Administrator, Collateral Agent and Collateral Custodian valued at $150,000,000 (effective 2023-11-29).

Action
entry
Agreement
credit facility
Counterparty
Goldman Sachs Bank USA, as Syndication Agent and Administrative Agent; Computershare Trust Company, N.A., as Collateral Administrator, Collateral Agent and Collateral Custodian
Value
$150,000,000
Effective
2023-11-29
Exact text from the filing
On November 29, 2023, Bain Capital Private Credit (the “Fund”) entered into a revolving credit facility (the “Revolving Credit Facility”) with the Fund as Equity Holder, BCPC I, LLC as Borrower (the “Borrower”), Goldman Sachs Bank USA, as Syndication Agent and Administrative Agent (“Goldman Sachs”), and Computershare Trust Company, N.A., as Collateral Administrator, Collateral Agent and Collateral Custodian (“Computershare”).
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Source: SEC EDGAR
accession 0001193125-23-286337
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