debt
confidence high
sentiment neutral
materiality 0.20
GSBD amends revolving credit facility to replace CDOR with CORRA for Canadian Dollar loans
Goldman Sachs BDC, Inc.
- Eleventh amendment to $1.695B senior secured revolving credit agreement with Truist Bank, effective June 28, 2024.
- Benchmark for Canadian Dollar loans changed from CDOR Screen Rate to Term CORRA Reference Rate due to CDOR cessation.
- No change to total commitments, interest margins, or maturity of the facility.
- Amendment is a routine benchmark transition; no other material terms modified.