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Goldman Sachs BDC, Inc. - $GSBD STOCK NEWS

Welcome to our dedicated page for Goldman Sachs BDC news (Ticker: $GSBD), a resource for investors and traders seeking the latest updates and insights on Goldman Sachs BDC stock.

Goldman Sachs BDC, Inc. (GSBD) is a non-diversified, closed-end management investment company that has chosen to be regulated as a business development company (BDC). Its primary focus is on lending to middle-market companies in the United States, aiming to create current income and, to a lesser extent, capital appreciation. The company primarily achieves this through direct originations of secured debt, including first lien, unitranche, and second lien debt, as well as unsecured debt.

Goldman Sachs BDC, Inc. invests predominantly in U.S. middle-market companies, such as banks and those involved in public debt markets. A key aspect of its origination strategy is leading the negotiation and structuring of loans or securities in which it invests, with the intention of holding these investments until maturity. This allows GSBD to generate most of its revenue from interest income and dividend income.

Historically, GSBD has demonstrated a strong ability to identify and invest in opportunities that provide stable returns for its shareholders. The company's robust portfolio management and strategic approach enable it to maintain a diverse range of investments, which helps mitigate risks and enhance overall returns.

Recently, GSBD has been actively involved in several significant projects and partnerships, further consolidating its position as a key player in the middle-market lending space. The company's commitment to prudent financial management and strategic investments continues to drive its success and stability in the financial markets.

  • Core Business: Lending to U.S. middle-market companies
  • Investment Strategy: Direct originations of secured and unsecured debt
  • Revenue Streams: Interest income and dividend income
  • Portfolio Management: Focus on holding investments to maturity

Goldman Sachs BDC, Inc. remains dedicated to generating consistent returns for its investors while supporting the growth and development of middle-market enterprises. Its strategic approach and solid financial foundation make it a noteworthy entity in the investment landscape.

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Goldman Sachs BDC, Inc. reported strong financial results for the first quarter of 2024, with net investment income per share of $0.55 and adjusted net investment income per share of $0.54. Earnings per share were $0.39, and the net asset value per share decreased slightly to $14.55. The company's investment portfolio comprised mainly of senior secured debt, with total investments at fair value and commitments amounting to $3,954.8 million. The Company also declared a quarterly dividend of $0.45 per share and closed a public offering of $400.0 million aggregate principal amount of unsecured notes due 2027. Despite some investments on non-accrual status, the Company's financial position remains strong.

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Goldman Sachs BDC, Inc. (GSBD) will report its Q1 2024 financial results on May 7, 2024, followed by an earnings conference call on May 8, 2024. Interested parties can participate via telephone or webcast.
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Goldman Sachs BDC, Inc. (GSBD) announced the pricing of $400 million aggregate principal amount of 6.375% notes due 2027 to pay down debt under its revolving credit facility. The offering is subject to customary closing conditions.
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Goldman Sachs BDC, Inc. reported financial results for Q4 and FY2023, with net investment income per share of $0.56, NAV per share increased to $14.62, total investments at fair value and commitments were $3,721.8 million, and a regular dividend of $0.45 per share was declared. Investment portfolio comprised 97.2% senior secured debt. The Company's total debt outstanding was $1,832.2 million.
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Goldman Sachs BDC, Inc. (GSBD) will report its Q4 2023 financial results on February 28, 2024, followed by an earnings conference call on February 29, 2024. The call will be accessible via telephone or audio webcast. Interested parties can participate and access the archived replay on the Investor Resources section of GS BDC’s website at www.goldmansachsbdc.com.
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Goldman Sachs Private Credit Corp. (GSCR) has been assigned issuer and senior unsecured debt ratings of BBB by KBRA with a Stable Outlook. The company has strong ties to Goldman Sachs, with access to capital through its significant wealth channels of $900+ billion and a $55 billion global senior direct lending platform. GSCR has a solid management team with a long track record in the private debt markets, and its $1.2 billion investment portfolio is almost entirely comprised of first lien senior secured loans. The company's funding profile is fully secured, and it plans to issue senior unsecured debt when market opportunities allow. As of November 1, 2023, GSCR has raised gross proceeds of approximately $1.4 billion with no shares tendered.
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Goldman Sachs BDC, Inc. (GSBD) reported Q3 2023 financial results with net investment income per share at $0.67 and earnings per share at $0.47. The company's total investments at fair value and commitments were $3,803.2 million, with 97.5% senior secured debt. The Board of Directors declared a regular fourth quarter dividend of $0.45 per share.
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Goldman Sachs BDC, Inc. to report Q3 2023 financial results
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Goldman Sachs BDC, Inc. (GSBD) reports Q2 2023 financial results, including an increase in net asset value and total investments at fair value. The company's investment portfolio consists of 135 portfolio companies across 36 industries, with 97.5% in senior secured debt. The Board of Directors declared a regular third quarter dividend of $0.45 per share.
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Goldman Sachs BDC, Inc. (NYSE: GSBD) will report its Q2 2023 financial results on August 3, 2023, after the market closes. An earnings conference call will be held on August 4, 2023, at 9:00 am Eastern Time. Interested parties can participate via telephone or the audio webcast on GS BDC's website. Replay of the call will be available on the website.
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FAQ

What is Goldman Sachs BDC, Inc.?

Goldman Sachs BDC, Inc. is a non-diversified, closed-end management investment company focused on lending to middle-market companies.

What is the primary focus of GSBD's investment strategy?

The primary focus is on direct originations of secured debt, including first lien, unitranche, second lien debt, and unsecured debt.

How does GSBD generate most of its revenue?

GSBD generates the majority of its revenue from interest income and dividend income.

What types of companies does GSBD invest in?

GSBD primarily invests in U.S. middle-market companies, such as banks and those involved in public debt markets.

What is GSBD's origination strategy?

GSBD's origination strategy focuses on leading the negotiation and structuring of loans or securities in which it invests and holding these investments to maturity.

What are the core business activities of GSBD?

The core business activities include lending to middle-market companies and generating income through secured and unsecured debt.

What recent achievements has GSBD accomplished?

GSBD has recently undertaken significant projects and partnerships, reinforcing its role in the middle-market lending space.

How does GSBD manage its portfolio?

GSBD maintains a diverse investment portfolio and focuses on holding investments until maturity to enhance returns and mitigate risks.

Why is GSBD considered significant in the financial markets?

GSBD's strategic investment approach, strong financial management, and consistent returns make it a significant player in the investment landscape.

How does GSBD support the growth of middle-market companies?

GSBD supports growth by providing necessary capital through its lending activities, aiding the development and expansion of middle-market enterprises.

Goldman Sachs BDC, Inc.

NYSE:GSBD

GSBD Rankings

GSBD Stock Data

1.75B
112.22M
0.13%
29.37%
1.31%
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Finance and Insurance
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