Goldman Sachs BDC expands revolver to $605 million, extends maturity

By Marisa Wong

Morgantown, W.Va., Dec. 21 – Goldman Sachs BDC, Inc. amended its senior secured revolving credit agreement with SunTrust Bank as administrative agent to increase aggregate commitments to $605 million from $570 million and extend the final maturity date to Dec. 16, 2021 from Nov. 4, 2020, according to an 8-K filing with the Securities and Exchange Commission.

The revolver continues to include an accordion feature that allows the company to increase the total size of the facility to a maximum of $1 billion.

The amendment was completed on Friday.

Goldman Sachs BDC specializes in middle market and mezzanine investment in private companies.

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