UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
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Securities Exchange Act of 1934
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Item 1.01 – Entry into a Material Definitive Agreement.
On May 23, 2024, Goldman Sachs Private Credit Corp. (the “Company”) entered into a third amendment (the “Third Amendment”) to the Senior Secured Revolving Credit Agreement, dated as of April 6, 2023 (as amended by the First Amendment, dated August 9, 2023, and the Second Amendment, dated November 17, 2023, and as otherwise amended or modified, the “Truist Revolving Credit Facility”), by and among the Company, as borrower, the lenders and issuing banks party thereto, and Truist Bank, as administrative agent.
The Third Amendment, among other things, (i) increased the accordion feature from up to $1,695,000,000 in aggregate commitments to up to $1,770,000,000 in aggregate commitments, (ii) extended (A) the revolver availability period from April 6, 2027 to May 23, 2028 and (B) the final maturity date from April 6, 2028 to May 23, 2029, and (iii) reset the minimum shareholders’ equity test.
The foregoing description is only a summary of the material provisions of the Third Amendment and is qualified in its entirety by reference to a copy of the Third Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.
Item 2.03 – Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information set forth under Item 1.01 above is incorporated by reference into this Item 2.03.
Item 9.01 – Financial Statements and Exhibits.
(d) Exhibits:
| Exhibit Number |
Description | |
| 10.1* | Third Amendment to Senior Secured Revolving Credit Agreement, dated as of May 23, 2024, by and among the Company, as Borrower, the Lenders and Issuing Banks party thereto, and Truist Bank, as Administrative Agent. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
| * | Certain exhibits and schedules have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company agrees to furnish supplementally a copy of any omitted exhibit or schedule to the Securities and Exchange Commission upon its request. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| GOLDMAN SACHS PRIVATE CREDIT CORP. (Registrant) | ||||||
| Date: May 30, 2024 |
By: |
/s/ Alex Chi | ||||
| Name: |
Alex Chi | |||||
| Title: |
Co-Chief Executive Officer and Co-President | |||||
| By: |
/s/ David Miller | |||||
| Name: |
David Miller | |||||
| Title: |
Co-Chief Executive Officer and Co-President | |||||