debt
confidence high
sentiment neutral
materiality 0.50
Goldman Sachs BDC issues $400M 5.100% notes due 2029
Goldman Sachs BDC, Inc.
- Issued $400M aggregate principal of 5.100% notes due Jan 28, 2029, paying semi-annual interest.
- Net proceeds of ~$392.5M after $2.9M discount, $3.2M underwriting fees, and $1.5M expenses.
- Proceeds to repay a portion of senior secured revolving credit facility and for general corporate purposes.
- Notes are unsecured general obligations, rank pari passu with existing unsecured debt.
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