GS Private Credit Corp ups credit facility to $1.5B, extends maturity to 2029, cuts margin

This filing

The Fourth Amendment, among other things, (i) increased the aggregate maximum facility amount from $1.1 billion to $1.5 billion, (ii) extended the end of the period in which the Company may make borrowings under the facility from January 31, 2027 to April 17, 2028, (iii) extended the final maturity date of the facility from February 1, 2028 to April 17, 2029, and (iv) as of the first interest period following the Fourth Amendment Effective Date, reduced the margin applicable to advances from 1.615% per annum to 1.462% per annum, which applicable margin shall increase to 2.462% per annum after the expiration of the reinvestment period

Comparable filing

The Amendment provides for, among other things, a new tranche of term loans under the Credit Agreement in an aggregate original principal amount of $868,522,978.38 (the “New Term Loans”), which New Term Loans replace or refinance in full all of the existing term loans outstanding under the Credit Agreement (as in effect immediately prior to the Amendment), as further set forth in the Amendment. The New Term Loans mature on December 6, 2030.

This filing

The Fourth Amendment, among other things, (i) increased the aggregate maximum facility amount from $1.1 billion to $1.5 billion, (ii) extended the end of the period in which the Company may make borrowings under the facility from January 31, 2027 to April 17, 2028, (iii) extended the final maturity date of the facility from February 1, 2028 to April 17, 2029, and (iv) as of the first interest period following the Fourth Amendment Effective Date, reduced the margin applicable to advances from 1.615% per annum to 1.462% per annum, which applicable margin shall increase to 2.462% per annum after the expiration of the reinvestment period

Comparable filing

The first Convertible Debenture (the “First Debenture”) in the principal amount of $20,000,000 was issued on May 7, 2026.

This filing

The Fourth Amendment, among other things, (i) increased the aggregate maximum facility amount from $1.1 billion to $1.5 billion, (ii) extended the end of the period in which the Company may make borrowings under the facility from January 31, 2027 to April 17, 2028, (iii) extended the final maturity date of the facility from February 1, 2028 to April 17, 2029, and (iv) as of the first interest period following the Fourth Amendment Effective Date, reduced the margin applicable to advances from 1.615% per annum to 1.462% per annum, which applicable margin shall increase to 2.462% per annum after the expiration of the reinvestment period

Comparable filing

The Seventh Amendment (i) terminated the Initial Revolving Credit Commitments and simultaneously replaced them in their entirety with Extended Revolving Credit Commitments having a Maturity Date of May 7, 2029, (ii) decreased the interest rate margin applicable to the Revolving Credit Loans from margins ranging from 175 basis points to 275 basis points (subject to leverage ratio step-downs) to margins ranging from 125 basis points to 225 basis points (subject to leverage ratio step-downs)

This filing

The Fourth Amendment, among other things, (i) increased the aggregate maximum facility amount from $1.1 billion to $1.5 billion, (ii) extended the end of the period in which the Company may make borrowings under the facility from January 31, 2027 to April 17, 2028, (iii) extended the final maturity date of the facility from February 1, 2028 to April 17, 2029, and (iv) as of the first interest period following the Fourth Amendment Effective Date, reduced the margin applicable to advances from 1.615% per annum to 1.462% per annum, which applicable margin shall increase to 2.462% per annum after the expiration of the reinvestment period

Comparable filing

Stanley Bank, N.A., Bank of America, N.A., Bank of Montreal and UBS AG New York Branch, or collectively, the lenders, pursuant to which Mountain JV obtained, in aggregate, a $1.62 billion loan secured by 90 of its properties, or the Loan . Also on May 8, 2026, we entered into a guaranty in favor of the lenders, pursuant to which we guaranteed certain limited

This filing

The Fourth Amendment, among other things, (i) increased the aggregate maximum facility amount from $1.1 billion to $1.5 billion, (ii) extended the end of the period in which the Company may make borrowings under the facility from January 31, 2027 to April 17, 2028, (iii) extended the final maturity date of the facility from February 1, 2028 to April 17, 2029, and (iv) as of the first interest period following the Fourth Amendment Effective Date, reduced the margin applicable to advances from 1.615% per annum to 1.462% per annum, which applicable margin shall increase to 2.462% per annum after the expiration of the reinvestment period

Comparable filing

The issuance of the Notes in the aggregate original principal amount of $2,500,000 constitutes the creation of a direct financial obligation of the Company. The Notes bear interest at 12.0% per annum, mature on February 4, 2027

This filing

The Fourth Amendment, among other things, (i) increased the aggregate maximum facility amount from $1.1 billion to $1.5 billion, (ii) extended the end of the period in which the Company may make borrowings under the facility from January 31, 2027 to April 17, 2028, (iii) extended the final maturity date of the facility from February 1, 2028 to April 17, 2029, and (iv) as of the first interest period following the Fourth Amendment Effective Date, reduced the margin applicable to advances from 1.615% per annum to 1.462% per annum, which applicable margin shall increase to 2.462% per annum after the expiration of the reinvestment period

Comparable filing

On May 8, 2026, Knight-Swift Transportation Holdings Inc. (the "Company") completed its previously announced private offering (the "Offering") of $1.5 billion aggregate principal amount of 1.00% Convertible Senior Notes due 2031

This filing

The Fourth Amendment, among other things, (i) increased the aggregate maximum facility amount from $1.1 billion to $1.5 billion, (ii) extended the end of the period in which the Company may make borrowings under the facility from January 31, 2027 to April 17, 2028, (iii) extended the final maturity date of the facility from February 1, 2028 to April 17, 2029, and (iv) as of the first interest period following the Fourth Amendment Effective Date, reduced the margin applicable to advances from 1.615% per annum to 1.462% per annum, which applicable margin shall increase to 2.462% per annum after the expiration of the reinvestment period

Comparable filing

On May 7, 2026, ProPetro Holding Corp. (the “ Company ”), issued $690 million aggregate principal amount of its 0.00% Convertible Senior Notes due 2031

This filing

The Fourth Amendment, among other things, (i) increased the aggregate maximum facility amount from $1.1 billion to $1.5 billion, (ii) extended the end of the period in which the Company may make borrowings under the facility from January 31, 2027 to April 17, 2028, (iii) extended the final maturity date of the facility from February 1, 2028 to April 17, 2029, and (iv) as of the first interest period following the Fourth Amendment Effective Date, reduced the margin applicable to advances from 1.615% per annum to 1.462% per annum, which applicable margin shall increase to 2.462% per annum after the expiration of the reinvestment period

Comparable filing

On May 7, 2026, Ocugen, Inc. (the “Company”) completed its previously announced private offering (the “offering”) of $115.0 million aggregate principal amount of 6.75% Convertible Senior Notes due 2034 (the “notes”).