Golub Capital Direct Lending Corp.

10/22/2024 | Press release | Distributed by Public on 10/22/2024 13:27

Material Agreement Form 8 K

Item 1.01. Entry into a Material Definitive Agreement

Deutsche Bank Credit Facility Amendment

On October 17, 2024, GDLC Funding II LLC ("GDLC Funding"), a direct wholly-owned subsidiary of Golub Capital Direct Lending Corporation (the "Company"), entered into an amendment (and together with certain other documents executed concurrently, the "Second DB Facility Amendment") to the documents governing the loan financing and servicing agreement initially entered into on May 14, 2024, by and among the Company, GDLC Funding, the lenders from time to time party thereto, Deutsche Bank AG, New York Branch, as facility agent, the other agents party thereto, each of the entities from time to time party thereto as securitization subsidiaries and Computershare Trust Company, National Association, as collateral agent and as collateral custodian (the "DB Credit Facility").

The Second DB Facility Amendment, among other things, increases the borrowing capacity under the DB Credit Facility from $300.0 million to $450.0 million and decreases the applicable margin to 2.10% per annum during the Revolving Period, and 2.60% per annum after the Revolving Period. The other material terms of the DB Credit Facility were unchanged.

GC Advisors Revolver Amendment

On October 21, 2024, the Company entered into the first amendment (the "Advisor Revolver Amendment") to the Amended and Restated Revolving Loan Agreement, dated as of November 15, 2021 (the "Adviser Revolver"), by and between the Company, as the borrower, and GC Advisors LLC, as the lender.

The Advisor Revolver Amendment amended the Adviser Revolver to extend the maturity date of the Adviser Revolver to October 21, 2027. The other material terms of the Advisor Revolver were unchanged.