|8-KFeb 3, 4:31 PM ET

West Bay BDC LLC 8-K

Research Summary

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West Bay BDC LLC Amends Revolving Credit Facility, Raises to $400M

What Happened
West Bay BDC LLC announced on Jan 30, 2026 (filed on Form 8-K Feb 3, 2026) that it entered into a First Amendment to its revolving credit facility (the “SCB Revolving Credit Facility”) with Standard Chartered Bank Ltd., acting as administrative agent, lead arranger, sole bookrunner, letter of credit issuer and lender. The Amendment modifies the facility originally dated Sept 25, 2024.

Key Details

  • Amendment effective Jan 30, 2026; Form 8-K filed Feb 3, 2026.
  • Increases Maximum Commitment under the facility to $400,000,000.
  • Extends the Stated Maturity Date from Sept 25, 2026 to Sept 24, 2027.
  • Lowers the Applicable Margin to 1.85% per annum for Term SOFR, Alternative Currency Term Rate, Daily CORRA, Daily SONIA loans and Letters of Credit; to 0.85% per annum for Base Rate Loans.
  • The filing also notes this creates a direct financial obligation under Item 2.03; the First Amendment is filed as Exhibit 10.1 (certain schedules/annexes omitted).

Why It Matters
The amendment increases West Bay BDC’s available credit and extends the repayment timeline, which can improve near‑term liquidity and reduce immediate refinancing risk. The lower applicable margins reduce the interest cost on borrowings under the facility. Investors should note this is a material financing arrangement and a direct financial obligation disclosed by the company; monitor future disclosures for actual borrowings, covenant details or further changes to liquidity and leverage.