Goldman Sachs Private Middle Market expands revolver to $500 million

By Sarah Lizee

Olympia, Wash., Jan. 30 – Goldman Sachs Private Middle Market Credit II LLC amended its senior secured revolving credit agreement on Monday with MUFG Union Bank, NA as administrative agent under which Societe Generale agreed to become a lender with a $100 million commitment through the accordion feature in the revolver, according to an 8-K filing with the Securities and Exchange Commission.

The amendment increased commitments to $500 million from $400 million.

The accordion feature allowed the company, subject to the satisfaction of various conditions, to bring total commitments under the revolver to $500 million.

The investment management services company is based in New York.

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