HomeFinanceRUNWAY GROWTH FINANCE CORP. : Entry into a Material Definitive Agreement, Creation...

RUNWAY GROWTH FINANCE CORP. : Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Financial Statements and Exhibits (form 8-K)

Item 1.01. Entry into a Material Definitive Agreement

On January 4, 2023, Runway Growth Finance Corp. (the “Company”) entered into an
amendment (the “Credit Agreement Amendment”) to the Amended and Restated Credit
Agreement dated as of April 20, 2022 (the “Credit Agreement”), among the
Company, as borrower; the financial institutions parties thereto as lenders (the
“Lenders”); KeyBank National Association, as administrative agent for the
Lenders; CIBC Bank USA, as documentation agent; MUFG Bank, Ltd., as
co-documentation agent; and U.S. Bank Trust Company National Association, as
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 KeyBank commitment to accommodate the potential for delayed fundings
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 January 4, 2023, except
for the revision to the liquidity covenant, which was effective as of December
31, 2022
.

In conjunction with the Credit Agreement Amendment, the Company increased the
facility amount under the Credit Agreement by $50,000,000 pursuant to the
existing accordion provisions of the Credit Agreement, and Autobahn Funding
Company LLC
and Valley National Bank became new Lenders.

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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