West Bay BDC LLC Amends Revolving Credit Facility; Boosts Commitment to $460M

What Happened
West Bay BDC LLC announced on August 28, 2026 that it entered into a Second Amendment to its revolving credit facility (originally dated September 25, 2024) with Standard Chartered Bank Ltd. The amendment increases the facility’s Maximum Commitment and adjusts pricing/advance terms under the agreement among the Company (borrower) and Standard Chartered (administrative agent, lead arranger, sole bookrunner, letter of credit issuer and lender).

Key Details

• Second Amendment dated August 28, 2026 to the SCB Revolving Credit Facility (original facility dated September 25, 2024).
• Maximum Commitment increased to $460,000,000.
• Applicable Advance Rate increased to 80%.
• Transaction reported as Item 1.01 (material definitive agreement) and Item 2.03 (creation of a direct financial obligation) in the Form 8-K.

Why It Matters
The amendment expands West Bay BDC’s borrowing capacity and raises the advance rate, meaning the company can draw more against eligible assets under the facility. For investors, this affects the company’s liquidity and financial flexibility—key for funding investments, operations, or managing cash needs. The filing is a factual notice of a material financing change; investors should monitor future disclosures for any draws, changes in borrowing costs, or impact on leverage.