Golub Capital Private Credit Fund 8-K

What Happened
Golub Capital Private Credit Fund (GCRED) filed an 8-K on April 27, 2026 reporting that on April 23, 2026 it entered into a Fifth Amendment to its senior secured revolving credit facility with Sumitomo Mitsui Banking Corporation as administrative and collateral agent. The amendment increases the facility commitments, expands the accordion capacity, reduces the borrowing margin, and extends the revolving period and maturity timeline.

Key Details

• Aggregate commitments increased from $2.6025 billion to $3.1275 billion through the addition of two new lenders and increased commitments from some existing lenders.
• Accordion feature expanded: potential total facility size raised from $3.0 billion to $4.5 billion under certain conditions.
• Borrowing cost reduced: applicable margin lowered to 1.75% from 1.875% for Term Benchmark Loans or RFR Loans; the 0.10% Term SOFR Credit Adjustment Spread was removed.
• Timing: the Fifth Amendment was entered April 23, 2026; the amendment extends the revolving period to four years and the maturity date to five years from the amendment closing date.

Why It Matters
For investors, this amendment materially increases GCRED’s available liquidity and flexibility by raising committed loan capacity and the maximum facility size, while modestly lowering the fund’s borrowing cost and extending the financing timeline. These changes affect the fund’s access to credit and its cost of capital—key factors for a private credit fund’s ability to originate or hold loans and manage liquidity. The Fifth Amendment is attached to the 8-K as an exhibit.