West Bay BDC LLC 8-K

What Happened West Bay BDC LLC filed an 8-K (June 8, 2026) reporting that on June 4, 2026 it delivered a capital drawdown notice to investors to sell approximately 2.1 million common units for an aggregate offering price of about $37.1 million. The sale is expected to close on or around June 18, 2026. The units are being sold under subscription agreements requiring investors to fund drawdowns up to their committed capital as needed.

Key Details

• ~2.1 million common units to be sold for an aggregate of approximately $37.1 million.
• Drawdown notice delivered June 4, 2026; expected closing on or around June 18, 2026.
• Units issued under subscription agreements; investors fund purchases up to their capital commitments on notice.
• Sale exempt from Securities Act registration under Section 4(a)(2) and Regulation D or Regulation S; purchasers certified as accredited investors or non-U.S. persons and agreed units are for investment (no general solicitation).

Why It Matters This filing describes a private capital raise that will increase West Bay BDC’s outstanding common units and bring in roughly $37.1 million of capital. For investors, the key points are the timing of the expected close, the private (unregistered) nature of the sale which limits buyers to accredited or non-U.S. investors, and that existing investors were required to fund their commitments on notice. The 8-K does not disclose how the proceeds will be used or the total post-issuance unit count, both items investors may watch for in future disclosures.