Golub Capital Private Credit Fund Enters Material Agreement

TL;DR

GCAP just signed a big deal, creating new financial obligations. Keep an eye on this.

AI Summary

On September 18, 2025, Golub Capital Private Credit Fund entered into a material definitive agreement. This agreement involves the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The filing also includes financial statements and exhibits related to this event.

Why It Matters

This filing indicates a significant new financial commitment or obligation for Golub Capital Private Credit Fund, which could impact its future financial performance and investment strategies.

Risk Assessment

Risk Level: medium — Entering into new material definitive agreements, especially those creating financial obligations, inherently carries risks that could affect the company's financial health.

Key Players & Entities

• Golub Capital Private Credit Fund (company) — Registrant
• September 18, 2025 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $868,570,000 — redit Fund (the "Company"), completed a $868,570,000 term debt securitization (the "2025 Deb
• $430,000,000 — the 2025 Debt Securitization consist of $430,000,000 of AAA Class A-1 Senior Secured Floatin
• $14,440,000 — R") plus 1.47% (the "Class A-1 Notes"); $14,440,000 of AAA Class A-2 Senior Secured Floatin
• $59,650,000 — OFR plus 1.65% (the "Class A-2 Notes"); $59,650,000 of AA Class B Senior Secured Floating R
• $60,340,000 — SOFR plus 1.80%, (the "Class B Notes"); $60,340,000 of Class C Secured Deferrable Floating
• $209,140,000 — ). Additionally, the 2025 Issuer issued $209,140,000 of Subordinated Notes due 2125, which d
• $60,000,000 — 2025 Debt Securitization, consisting of $60,000,000 of AAA Class A-1L-1 Senior Secured Floa
• $10,000,000 — plus 1.47% (the "Class A-1L-1 Loans"); $10,000,000 of AAA Class A-1L-2 Senior Secured Floa
• $20,000,000 — plus 1.47% (the "Class A-1L-2 Loans"); $20,000,000 of AAA Class A-2L Senior Secured Floati
• $5,000,000 — lus 1.65% (the "Class A-2L Loans"); and $5,000,000 of AA Class B-L Senior Secured Floating

Filing Documents

• tm2526807d1_8k.htm (8-K) — 43KB
• tm2526807d1_ex10-1.htm (EX-10.1) — 2083KB
• tm2526807d1_ex10-2.htm (EX-10.2) — 166KB
• tm2526807d1_ex10-3.htm (EX-10.3) — 390KB
• tm2526807d1_ex10-4.htm (EX-10.4) — 393KB
• tm2526807d1_ex10-5.htm (EX-10.5) — 380KB
• tm2526807d1_ex10-6.htm (EX-10.6) — 394KB
• tm2526807d1_ex10-7.htm (EX-10.7) — 232KB
• tm2526807d1_ex10-8.htm (EX-10.8) — 174KB
• 0001104659-25-092926.txt ( ) — 5224KB
• none-20250918.xsd (EX-101.SCH) — 3KB
• none-20250918_lab.xml (EX-101.LAB) — 33KB
• none-20250918_pre.xml (EX-101.PRE) — 22KB
• tm2526807d1_8k_htm.xml (XML) — 3KB

01

Item 1.01. Entry into a Material Definitive Agreement. On September 18, 2025 (the "Closing Date"), Golub Capital Private Credit Fund CLO 2 (the "2025 Issuer"), an indirect, wholly owned and primarily controlled subsidiary of Golub Capital Private Credit Fund (the "Company"), completed a $868,570,000 term debt securitization (the "2025 Debt Securitization"). Term debt securitizations are also known as collateralized loan obligations and are a form of secured financing incurred by a subsidiary of the Company, which is consolidated by the Company and subject to the Company's overall asset coverage requirement. On the Closing Date and in connection with the 2025 Debt Securitization, the 2025 Issuer entered into a Note Purchase Agreement with SG Americas Securities, LLC, as the initial purchaser (the "Initial Purchaser"), pursuant to which the Initial Purchaser agreed to purchase certain of the notes pursuant to an indenture as part of the 2025 Debt Securitization. The notes offered in the 2025 Debt Securitization consist of $430,000,000 of AAA Class A-1 Senior Secured Floating Rate Notes due 2039, which bear interest at the three-month secured overnight financing rate published by the Federal Reserve Bank of New York ("SOFR") plus 1.47% (the "Class A-1 Notes"); $14,440,000 of AAA Class A-2 Senior Secured Floating Rate Notes due 2039, which bear interest at the three-month SOFR plus 1.65% (the "Class A-2 Notes"); $59,650,000 of AA Class B Senior Secured Floating Rate Notes due 2039, which bear interest at the three-month SOFR plus 1.80%, (the "Class B Notes"); $60,340,000 of Class C Secured Deferrable Floating Rate Notes due 2039, which bear interest at the three-month SOFR plus 1.86% (the "Class C Notes" and, together with the Class A-1 Notes, Class A-2 Notes and Class B Notes, the "Secured 2025 Notes"). Additionally, the 2025 Issuer issued $209,140,000 of Subordinated Notes due 2125, which do not bear interest (the "Subordinated 2025 Notes"). The Secured 2025 Note

03

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information provided in Item 1.01 of this current report on Form 8-K is incorporated by reference into this Item 2.03.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits . 10.1* Indenture, dated as of September 18, 2025, by and between Golub Capital Private Credit Fund CLO 2, as Issuer, and Computershare Trust Company, N.A., as Collateral Trustee. 10.2 Note Purchase Agreement, dated as of September 18, 2025, by and between Golub Capital Private Credit Fund CLO 2, as Issuer and SG Americas Securities, LLC as Initial Purchaser. 10.3* Class A-1L-1 Credit Agreement, dated as of September 18, 2025, by and between Golub Capital Private Credit Fund CLO 2, as Borrower, Computershare Trust Company, N.A., as Loan Agent and Collateral Trustee and the Lenders party thereto. 10.4* Class A-1L-2 Credit Agreement, dated as of September 18, 2025, by and between Golub Capital Private Credit Fund CLO 2, as Borrower, Computershare Trust Company, N.A., as Loan Agent and Collateral Trustee and the Lenders party thereto. 10.5* Class A-2L Credit Agreement, dated as of September 18, 2025, by and between Golub Capital Private Credit Fund CLO 2, as Borrower, Computershare Trust Company, N.A., as Loan Agent and Collateral Trustee and the Lenders party thereto. 10.6* Class B-L Credit Agreement, dated as of September 18, 2025, by and between Golub Capital Private Credit Fund CLO 2, as Borrower, Computershare Trust Company, N.A., as Loan Agent and Collateral Trustee and the Lenders party thereto. 10. 7 Collateral Management Agreement, dated as of September 18, 2025, by and between Golub Capital Private Credit Fund CLO 2, as Issuer and GC Advisors LLC, as Collateral Manager. 10.8* Master Loan Sale Agreement, dated as of September 18, 2025, by and among Golub Capital Private Credit Fund, as the Seller, Golub Capital Private Credit Fund CLO 2 Depositor, as Intermediate Seller and Golub Capital Private Credit Fund CLO 2, as Buyer. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). * Exhibits and/or schedules to this Exhibit have been omitted in accordance with

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, Golub Capital Private Credit Fund has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Golub Capital Private Credit Fund Date: September 24, 2025 By: /s/ Christopher C. Ericson Name: Christopher C. Ericson Title: Chief Financial Officer and Treasurer

View Full Filing

View this 8-K filing on SEC EDGAR