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Golub Capital Private increases revolver to $565 million via accordion
By Wendy Van Sickle
Columbus, Ohio, Dec. 20 – Golub Capital Private Credit Fund entered into an agreement with Manufacturers & Traders Trust Co. on Dec. 15 to provide for a $75 million increase to Golub’s senior secured revolver commitments via an exercise of the accordion feature, according to an 8-K filing with the Securities and Exchange Commission.
The facility size is now $565 million, up from $490 million. The accordion allows for the increase of the size of the facility up to a total of $1.5 billion.
Sumitomo Mitsui Banking Corp. is the administrative agent of the credit agreement.
Golub is an externally managed, non-diversified closed-end management investment company based in New York.
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