Goldman Sachs BDC, Inc. Amends Its Revolving Credit Facility In Connection with Its Reduced Asset Coverage Requirement (09/17/2018)
NEW YORK — (BUSINESS WIRE) — Goldman Sachs BDC, Inc. (the “Company”, “GS BDC”) (NYSE: GSBD) announced today that it has amended its senior secured revolving credit agreement (the “Revolving Credit Facility”) to, among other things, reduce the Company’s minimum asset coverage ratio financial covenant from 200% to 150% as further described in the Revolving Credit Facility. There was no fee or change in borrowing cost under the Revolving Credit Facility in connection with the amendment.