Item 1.01. Entry into a Material Definitive Agreement
On
amendment (the “Credit Agreement Amendment”) to the Amended and Restated Credit
Agreement dated as of
Company, as borrower; the financial institutions parties thereto as lenders (the
“Lenders”);
Lenders;
co-documentation agent; and
collateral custodian and paying agent.
The Credit Agreement Amendment amended the Credit Agreement to, among other
things: (i) revise the liquidity covenant to incorporate coverage for delayed
draw term loans within the Company’s pledged loan portfolio and make additional
clarifying modifications to the covenant; (ii) add a swingline sub-commitment
within the
of Lender advances; and (iii) change the requirements for future facility amount
increases under the accordion provisions of the Credit Agreement. Each of the
amendments to the Credit Agreement was effective as of
for the revision to the liquidity covenant, which was effective as of
31, 2022
In conjunction with the Credit Agreement Amendment, the Company increased the
facility amount under the Credit Agreement by
existing accordion provisions of the Credit Agreement, and
Company LLC
Capitalized terms under this Item 1.01, unless otherwise defined herein, have
the meaning ascribed to them under the Credit Agreement. The description above
is only a summary of the material provisions of the Credit Agreement Amendment
and is qualified in its entirety by reference to a copy of the Credit Agreement
Amendment, which is filed as Exhibit 10.1 to this current report on Form 8-K.
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant
The information set forth in Item 1.01 is incorporated by reference into this
Item 2.03.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits:
Exhibit No. Description
10.1 Second Amendment to Amended and Restated Credit Agreement, dated as
of January 4, 2023 , among Runway Growth Finance Corp. , as borrower;
the financial institutions parties thereto as lenders; and KeyBank
National Association , as administrative agent
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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