West Bay BDC LLC Announces $27.8M Private Unit Sale

What Happened
West Bay BDC LLC filed an 8-K (July 28, 2026) reporting that on July 24, 2026 it delivered a capital drawdown notice to investors to sell approximately 1.6 million common units for an aggregate offering price of about $27.8 million. The sale is expected to close on or about August 7, 2026 and is being made under subscription agreements with the Company’s investors. The issuance is exempt from registration under Section 4(a)(2) of the Securities Act and pursuant to Regulation D or Regulation S, as applicable.

Key Details

• Approximately 1.6 million Common Units to be sold for an aggregate of ~ $27.8 million.
• Drawdown notice delivered on July 24, 2026; expected closing on or around August 7, 2026.
• Units sold pursuant to existing subscription agreements; investors fund drawdowns up to their capital commitments.
• Offering exempt from registration (Section 4(a)(2), Reg D or Reg S); purchasers represented they are accredited investors or, for sales outside the U.S., non‑U.S. persons; no general solicitation.

Why It Matters
This transaction will increase the number of Common Units outstanding and provide the Company with approximately $27.8 million of additional capital under its existing investor commitment structure. For investors, the filing confirms a private placement (not a public offering) carried out under exemptions and the company’s practice of calling committed capital as needed.