UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
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Item 1.01 - Entry into a Material Definitive Agreement.
On June 16, 2025, Goldman Sachs Private Credit Corp. (the “Company”) entered into a fourth amendment (the “Fourth Amendment”) to the Senior Secured Revolving Credit Agreement, dated as of April 6, 2023 (as amended by the First Amendment to Senior Secured Revolving Credit Agreement, dated August 9, 2023, the Second Amendment to Senior Secured Revolving Credit Agreement, dated November 17, 2023, and the Third Amendment to Senior Secured Revolving Credit Agreement, dated May 23, 2024, 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. Capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms as set forth in the Truist Revolving Credit Facility (as amended by the Fourth Amendment).
The Fourth Amendment, among other things, (i) increased the total committed facility amount from $1,630,000,000 to $2,370,000,000, (ii) increased the accordion feature from up to $1,770,000,000 in aggregate commitments to up to $3,555,000,000 in aggregate commitments, (iii) extended the commitment termination date from May 23, 2028 to June 15, 2029, (iv) extended the maturity date from May 23, 2029 to June 14, 2030, and (v) reduced the applicable margin to (a) with respect to any ABR Loan, 0.90% per annum; (b) with respect to any Index Rate Loan or Term Benchmark Loan, 1.90% per annum; and (c) with respect to any RFR Loan, 1.90% per annum, in each case, subject to an additional step-down in applicable margin if the Gross Borrowing Base is greater than or equal to the product of 1.60 and the Combined Debt Amount.
The foregoing description is only a summary of the material provisions of the Fourth Amendment and is qualified in its entirety by reference to a copy of the Fourth 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* | Fourth Amendment to Senior Secured Revolving Credit Agreement, dated as of June 16, 2025, 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: June 20, 2025 | 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 | |||||