debt
confidence high
sentiment positive
materiality 0.60
West Bay BDC amends credit facility: commitment up to $400M, maturity extended to Sep 2027, margin lowered to 1.85%
West Bay BDC LLC
- Maximum commitment increased from prior amount to $400 million.
- Stated maturity extended from September 25, 2026 to September 24, 2027.
- Applicable margin reduced to 1.85% for Term SOFR loans and 0.85% for Base Rate loans.
- Amendment with Standard Chartered Bank as administrative agent, lead arranger, sole bookrunner, and lender.