On August 31, 2020, MVC Capital, Inc. and Truist Bank (formerly known as Branch Banking and Trust Company) entered into the Fourteenth Amendment to the Secured Revolving Credit Agreement (the “Amendment”). Pursuant to the Amendment, the Fund and Truist Bank renewed the Credit Facility and amended the definition of “Termination Date” in Section 1.01 of the Credit Facility to mean the earlier to occur of (i) December 31, 2020, (ii) the effective date of the merger agreement between the Fund and Barings BDC, Inc., (iii) the date the Revolver Commitment (as defined in the Credit Facility) is terminated pursuant to Section 6.01 of the Credit Facility following the occurrence of an Event of Default (as defined in the Credit Facility), or (iv) the date the Fund terminates the Revolver Commitment (as defined in the Credit Facility) entirely pursuant to Section 2.09 of the Credit Facility. Other than as noted above, terms of the Credit Facility remain substantially unchanged and borrowings under the Credit Facility continue to be secured by cash, short-term and long-term U.S. Treasury securities and other governmental agency securities.