debt
confidence high
sentiment neutral
materiality 0.40
Goldman Sachs Private Credit Corp. issues $260M of 5.375% Notes due 2029
Goldman Sachs Private Credit Corp.
- Issued $260M aggregate principal at 99.53% of face value; effective yield 5.541%.
- Notes mature Jan 31, 2029, rank senior unsecured, and are additional to $400M existing notes.
- Net proceeds of ~$256.6M to repay credit facilities and for general corporate purposes.
- Company entered Registration Rights Agreement with Morgan Stanley to exchange for registered notes.
- Offered under Rule 144A and Regulation S; not registered under Securities Act.