debt
confidence high
sentiment neutral
materiality 0.30
GSCR Mott Street SPV amends $2B credit facility: extends revolving period to 2028, maturity to 2030
Goldman Sachs Private Credit Corp.
- Revolving period extended to August 8, 2028 (from August 8, 2027); stated maturity to August 9, 2030 (from August 9, 2029).
- Minimum utilization schedule revised: 35% from amendment date to 12-month anniversary, 50% to 18-month anniversary, 70% thereafter.
- Eligibility criteria and concentration limits updated for PIK assets; Swiss Francs and Norwegian Krone added as eligible currencies.
- Ramp-up period extended from nine months to twelve months after the closing date.
- No change to facility size ($2 billion) or pricing; all other terms remain in effect.
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