debt
confidence high
sentiment neutral
materiality 0.50
GSBD extends Truist revolver maturity to 2030, reduces margin for Extending Lenders
Goldman Sachs BDC, Inc.
- Twelfth Amendment extends final maturity to June 24, 2030 (from Oct 18, 2028) for Extending Lenders; commitment termination to June 22, 2029.
- Applicable margin reduced for Extending Lenders: ABR loans to 0.90% p.a., Term Benchmark/Daily Simple RFR to 1.90% p.a., with further step-down if credit ratings improve.
- Amendment adds multicurrency capabilities for Hong Kong Dollar, Japanese Yen, Norwegian Krone, Swiss Francs and related benchmarks (HKIBOR, NIBOR, SARON, TIBOR).
- New lender joined and certain existing lenders reduced multicurrency commitments (specific amounts omitted per Reg S-K).
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