Andalusian Credit Company has secured a $200m (£150.4m) revolving credit facility from US bank Goldman Sachs to increase its investment capacity.
Andalusian Credit Company is a business development company (BDC) managed by direct lending platform Andalusian Credit Partners. The BDC focuses primarily on diversified senior secured lending to middle market companies.
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The Goldman Sachs facility has a five-year term and will mature in March 2031. It also includes an accordion feature that allows the total facility size to be increased, according to a recent filing with the US Securities and Exchange Commission.
Borrowings under the facility will be priced at a benchmark rate plus a margin of 2.15 per cent. The benchmark will be either the Secured Overnight Financing Rate (SOFR) or a base rate.
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According to the filing, as of December 2025 the BDC had total investor commitments of $509.2m, of which $162.9m remained undrawn.
The firm also reported total available liquidity of $240.5m and unfunded portfolio commitments of $62.6m.
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