Current Report Filing (8-k)
July 08 2022 - 8:27AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported):
July 6, 2022
BAIN CAPITAL SPECIALTY FINANCE, INC.
(Exact name of Registrant as Specified in Its
Charter)
| DELAWARE |
814-01175 |
81-2878769 |
(State or Other Jurisdiction
of Incorporation) |
(Commission
File Number) |
(IRS Employer
Identification No.) |
| 200 Clarendon
Street, 37th Floor, Boston, MA |
02116 |
|
| (Address of Principal Executive Offices) |
(Zip Code) |
|
Registrant’s telephone number, including
area code: (617) 516-2000
N/A
(Former Name or Former Address, if Changed Since
Last Report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
| ¨ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
| Common Stock, $.001 par value |
|
BCSF |
|
New York Stock Exchange |
Item 1.01. Entry into a Material Definitive
Agreement.
On July 6, 2022, Bain Capital Specialty Finance
(the “Company”) entered into the First Amendment to Senior Secured Revolving Credit Agreement (the “First Amendment”),
dated as of July 6, 2022, which amends the Senior Secured Revolving Credit Agreement, dated as of December 24, 2021 (as amended
to date, including by the First Amendment, the “Credit Agreement”), among the Company, as borrower, Sumitomo Mitsui Banking
Corporation, as administrative agent, the lenders party thereto and, solely with respect to Section 5.9 of the First Amendment, the
subsidiary guarantors party thereto.
The First Amendment provides for, among other
things, an upsize in the total commitments from lenders under the revolving credit facility governed by the Credit Agreement (the “SMBC
Credit Facility”) from $300,000,000 to $385,000,000. The First Amendment also replaced the LIBOR benchmark provisions under the
SMBC Credit Facility with SOFR benchmark provisions, including applicable credit spread adjustments.
The description above is only a summary of the
material provisions of the First Amendment and is qualified in its entirety by reference to a copy of the First Amendment, which will
be filed with the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2022.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
Bain Capital Specialty Finance, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| |
|
BAIN CAPITAL SPECIALTY FINANCE, INC. |
| |
|
|
| Date: July 8, 2022 |
By: |
/s/ Michael Treisman |
| |
|
Name: Michael Treisman |
| |
|
Title: Secretary |
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