debt
confidence high
sentiment neutral
materiality 0.50
Goldman Sachs BDC issues $400M 5.650% notes due 2030, net proceeds ~$394.9M
Goldman Sachs BDC, Inc.
- Issued $400M of 5.650% notes due Sept 9, 2030; interest payable semi-annually beginning March 9, 2026.
- Net proceeds of $394.9M after underwriting discounts ($3.6M), original issue discount ($0.1M), and offering expenses ($1.4M).
- Proceeds will repay a portion of the senior secured revolver with Truist Bank and for general corporate purposes.
- Notes are unsecured, rank equally with other unsecured debt; subject to change-of-control repurchase offer at 100%.
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