SunTrust Agents Goldman Sachs BDC Revolver Amendment

Goldman Sachs BDC amended its senior secured revolving credit agreement to, among other things, reduce the company’s minimum asset coverage ratio financial covenant from 200% to 150%. SunTrust served as administrative agent for the transaction.

SunTrust Upsizes Goldman Sachs BDC Revolver to $605MM

Goldman Sachs BDC increased the aggregate commitments under its senior secured revolving credit facility to $605 million. SunTrust Bank served as administrative agent.

Goldman Sachs BDC Appoints Ardila and Lane to Board

Jaime Ardila and Ann B. Lane have been elected to the Goldman Sachs BDC board of directors, effective February 25, 2016.

Goldman Sachs BDC ‘Favorably’ Amends Revolving Credit Facility

Goldman Sachs BDC said it has “favorably” amended its senior secured revolving credit agreement, resulting in an increase to $570 million, a reduction of the interest rate and an extension of the maturity date.

Goldman Closes IPO of Common Stock

Goldman Sachs closed its IPO of 6,000,000 shares of its common stock on March 23, 2015. Shares of common stock of GS BDC began trading on the New York Stock Exchange on March 18, 2015, under the symbol GSBD.

Cerberus, Goldman BDC Lead Highwinds Recap

Highwinds said it closed a new $205 million debt financing with Cerberus Business Finance and Goldman Sachs BDC, including follow-on investment from General Catalyst Partners serving as private equity sponsor.