Business Context and Reporting Period
This Form 8-K Current Report was filed by Goldman Sachs BDC, Inc. on March 6, 2018, regarding an event that occurred on March 2, 2018. The filing concerns the Company's participation in the Senior Credit Fund, LLC, alongside The Regents of the University of California.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on a contractual amendment rather than periodic financial performance data.
Material Changes
On March 2, 2018, the Company and The Regents of the University of California entered into an amendment to the Senior Credit Fund's limited liability company agreement. The primary material change is the extension of the fund's investment period from March 3, 2018, to September 3, 2018.
Guidance, Outlook, and Risks
The filing does not contain management commentary on future financial guidance, general outlook, or specific risk factors beyond the operational change to the investment period. The amendment is described as a material definitive agreement, with full details incorporated by reference to Exhibit 10.1.
Investor Verification Checklist
- Verify the terms of the Fifth Amendment to the Senior Credit Fund, LLC Limited Liability Company Agreement (Exhibit 10.1).
- Confirm the impact of the extended investment period on the Company's capital deployment strategy.
- Review the relationship and capital commitments between Goldman Sachs BDC, Inc. and The Regents of the University of California within the Senior Credit Fund.