UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 18, 2023
Goldman Sachs BDC, Inc.
(Exact name of registrant as specified in its charter)
Delaware | 814-00998 | 46-2176593 | ||
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
200 West Street, New York, New York | 10282 | |||
(Address of Principal Executive Offices) | (Zip Code) |
Registrant’s telephone number, including area code: (312)
655-4419
Check the appropriate box below if the Form
8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule
14a-12
under the Exchange Act (17 CFR240.14a-12)
☐
Pre-commencement
communications pursuant to Rule14d-2(b)
under the Exchange Act (17 CFR240.14d-2(b))
☐
Pre-commencement
communications pursuant to Rule13e-4(c)
under the Exchange Act (17 CFR240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
Common Stock, par value $0.001 per share | GSBD | The New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule
12b-2
of the Securities Exchange Act of 1934.Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01 – Entry into a Material Definitive Agreement.
On October 18, 2023, Goldman Sachs BDC, Inc. (the “Company”) entered into a tenth amendment (the “Amendment”) to its senior secured revolving credit agreement (as amended, supplemented or otherwise modified and in effect from time to time, including by the Amendment, the “Truist Revolving Credit Facility”) with Truist Bank, as administrative agent, to, among other things (i) increase the uncommitted accordion feature from $2,250,000,000 to $2,542,500,000 and (ii) extend with respect to the Extending Lenders only (A) the final maturity date from May 5, 2027 to October 18, 2028 and (B) the revolver availability period from May 5, 2026 to October 18, 2027. The Extending Lenders hold approximately 87% of total lending commitments under the Truist Revolving Credit Facility. Capitalized terms used but not otherwise defined herein have the meanings ascribed thereto in the Amendment.
The foregoing description is only a summary of the material provisions of the Amendment and is qualified in its entirety by reference to a copy of the 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* | Tenth Omnibus Amendment to Senior Secured Revolving Credit Agreement and Guarantee and Security Agreement, dated as of October 18, 2023, among Goldman Sachs BDC, Inc., as Borrower, the lenders party thereto, Truist Bank, as Administrative Agent and as Collateral Agent, and the other parties thereto. | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
* | Certain schedules have been omitted pursuant to Item 601(a)(5) of Regulation S-K. T he Company agrees to furnish supplementally a copy of any omitted schedule to the SEC 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 BDC , INC. | ||||||
(Registrant) | ||||||
Date: October 24, 2023 | By: | /s/ Alex Chi | ||||
Name: | Alex Chi | |||||
Title: | Co-Chief Executive Officer andCo-President | |||||
By: | /s/ David Miller | |||||
Name: | David Miller | |||||
Title: | Co-Chief Executive Officer andCo-President |