Golub Capital Private Income Fund I 8-K
Research Summary
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Golub Capital Private Income Fund I Amends BANA Credit Facility
What Happened
Golub Capital Private Income Fund I (the “Company”) filed an 8-K on June 29, 2026 disclosing that its wholly owned subsidiary GPIF I Funding entered into a second amended and restated side letter to the revolving credit and security agreement (the “BANA Credit Facility”) dated June 23, 2026. The Side Letter changes the minimum utilization level used to calculate the unused commitment fee through September 30, 2026. Bank of America, N.A. serves as administrative agent and sole lender; Computershare Trust Company, N.A. is the collateral custodian. The Side Letter is attached to the filing as Exhibit 10.1.
Key Details
- Side Letter date: June 23, 2026; 8-K filed June 29, 2026.
- Change: modifies the minimum utilization level for calculating the unused commitment fee.
- Temporary effect: the modified calculation applies through September 30, 2026.
- Parties: GPIF I Funding (borrower), Golub Capital Private Income Fund I (servicer), Bank of America, N.A. (agent/sole lender), Computershare Trust Company, N.A. (collateral custodian).
- Related document: second amended and restated credit agreement originally amended and restated December 31, 2025; full Side Letter included as Exhibit 10.1.
Why It Matters
This amendment affects how the unused commitment fee on the Company’s revolving credit facility is calculated, which can influence short‑term borrowing costs and the cost of maintaining unused lending capacity. The change is time‑limited (through Sept. 30, 2026) and does not, by itself, disclose changes to the Company’s financial statements or capital structure beyond the fee calculation—investors should review the attached Side Letter for full terms.
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