Daily News: August 31, 2017

Wells Fargo Extends Golub Capital Facility

Golub Capital amended an agreement dated May 2015, involving Golub Capital Investment Corporation (GCIC) as borrower and Wells Fargo as administrative agent, swingline lender and collateral agent.

Under the amendment, the reinvestment period expiration date was extended to August 29, 2018. The maturity date was extended to August 30, 2022.

As previously disclosed, the facility is secured by all of the assets held by GCIC Funding.

Among other changes, the definition of applicable spread was also amended to be “2.25% per annum; provided that, at any time after the occurrence of an event of default, the applicable spread shall be 4.25% per annum.”