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Goldman Sachs BDC increases, extends credit agreement

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Goldman Sachs BDC increases, extends credit agreement

Goldman Sachs BDC Inc. amended its senior secured revolving credit agreement to increase the aggregate commitments to $605 million from $570 million, and to extend the final maturity date to Dec. 16, 2021, from Nov. 4, 2020.

SunTrust Bank is acting as administrative agent for the agreement. Per an accordion feature included in the credit facility, Goldman Sachs BDC can increase the total size of the facility to a maximum of $1.0 billion under certain circumstances.