Goldman Sachs Private Credit Corp. 8-K

What Happened Goldman Sachs Private Credit Corp. (the Company) disclosed on Form 8-K that its wholly owned subsidiary, GS Private Credit SPV Public I LLC (“SPV Public I”), entered into a Fourth Amendment to the BNPP Revolving Credit and Security Agreement on April 17, 2026 (filed April 23, 2026). The amendment increases the overall facility, extends borrowing and maturity dates, and changes the interest margin applicable to advances. BNP Paribas is administrative agent and State Street Bank and Trust Company is collateral agent; the Company remains equityholder and investment advisor.

Key Details

• Facility size increased from $1.1 billion to $1.5 billion.
• Borrowing period extended from January 31, 2027 to April 17, 2028; final maturity extended from February 1, 2028 to April 17, 2029.
• Margin on advances reduced from 1.615% to 1.462% per annum as of the first interest period after the amendment; margin will rise to 2.462% per annum after the reinvestment period expires.
• The Company reported the amendment under Item 1.01 (material definitive agreement) and Item 2.03 (creation/modification of a direct financial obligation). The Fourth Amendment is filed as Exhibit 10.1.

Why It Matters The amendment increases the SPV’s borrowing capacity and extends the timeline for when the Company can draw funds, giving the firm more flexibility to finance investments or manage liquidity. The near-term reduction in the margin lowers borrowing costs immediately, though costs may increase after the reinvestment period ends. Because this involves the SPV’s credit facility, it represents a material change in the Company’s financing arrangements and potential obligations that investors should note.