debt
confidence high
sentiment neutral
materiality 0.50
Goldman Sachs Private Credit Corp.: debt financing — Goldman Sachs Private Credit Corp. issues $400M 5.375% notes due 2029
Goldman Sachs Private Credit Corp.
- $400M aggregate principal of 5.375% notes due Jan 31, 2029, paying semi-annual interest.
- Net proceeds of ~$392M after discounts and expenses; used to repay credit facilities and for general corporate purposes.
- Notes are unsecured, rank pari passu with other unsecured unsubordinated debt, and structurally junior to subsidiary debt.
- Registration Rights Agreement obligates company to file exchange offer registration statement or pay additional interest.
- Issuance closed on Oct 17, 2025; Notes offered under Rule 144A and Regulation S, not registered under Securities Act.