Truist Leads Goldman Sachs Middle Market Lending Facility Upsize to $555MM

On Oct. 11, 2024, according to an 8-K filing, Goldman Sachs Middle Market Lending II announced an increase in its senior secured revolving credit facility, raising the total revolving commitments from $530 million to $555 million. This increase involved Barclays Bank PLC participating as a lender. Truist Bank continues to serve as the administrative agent for the facility, which now includes a total of $580 million in revolving commitments and term loans._x000D_
_x000D_
The increase was made under the facility’s accordion feature, which allows for further expansion of the commitments up to $750 million. The revolving credit facility was initially established on Feb. 28, 2023, and has been amended multiple times, with the most recent amendment on May 30, 2024. This facility supports Goldman Sachs Middle Market Lending II’s operational and strategic capital needs, providing the company with additional financial flexibility.