SEC Filing Summary: GSC Investment Corp. (8-K)
Business Context and Reporting Period
This Form 8-K was filed by GSC Investment Corp. (also referenced as SARATOGA INVESTMENT CORP. in metadata) on March 24, 2009, reporting events occurring on March 23, 2009. The filing concerns a material amendment to the company's existing credit facilities.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt balances, or liquidity ratios. The report focuses exclusively on the legal modification of a credit agreement rather than financial performance data.
Material Changes
- Credit Agreement Amendment: On March 23, 2009, GSC Investment Funding LLC (borrower) and Deutsche Bank AG, New York Branch (lender/agent) entered into Amendment No. 5 to the Credit Agreement dated April 11, 2007.
- Guarantee Reaffirmation: GSC Investment Corp. reaffirmed its obligations as a performance guarantor under Section 12.14 of the Credit Agreement, acknowledging that the performance undertaking remains in full force and effect.
Guidance, Outlook, and Risks
The filing does not contain forward-looking guidance, management commentary on future outlook, or specific risk factors beyond the context of the credit agreement amendment. A press release issued on March 24, 2009, regarding this amendment is attached as Exhibit 99.1 but its specific content is not detailed in the main text of this report.
Investor Verification Checklist
- Review Exhibit 10.1 (Amendment No. 5) to understand the specific terms, interest rate changes, or covenant modifications introduced to the credit agreement.
- Examine Exhibit 99.1 (Press Release) for management's rationale regarding the amendment and any impact on the company's capital structure.
- Verify the current status of the company's liquidity and debt covenants in the most recent 10-K or 10-Q filings, as this 8-K does not provide updated financial statements.