secwatch.observer — SEC 8-K summary
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Issuer:     Goldman Sachs BDC, Inc. (GSBD)
CIK:        0001572694
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001193125-25-116056
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GSBD Q1 NII $0.42/share, NAV down 1.6%; base dividend cut to $0.32
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- Q1 net investment income $49.6M ($0.42/share); adjusted $48.8M ($0.41); EPS $0.27.
- NAV per share $13.20, down from $13.41; ending net debt-to-equity 1.16x.
- Board reduced quarterly base dividend to $0.32 from $0.48; declared Q2 special $0.16 and Q1 supplemental $0.05.
- New investment commitments $87.8M; fundings $53.8M; sales/repayments $179.3M.
- Non-accrual at 1.9% of portfolio fair value (9 portfolio companies); two new non-accruals added.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1572694/000119312525116056/0001193125-25-116056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1572694/000119312525116056/d795862d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-116056

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer