Welcome to our dedicated page for Goldman Sachs news (Ticker: GSBD), a resource for investors and traders seeking the latest updates and insights on Goldman Sachs stock.
Goldman Sachs BDC, Inc. (GSBD) is a New York Stock Exchange-listed specialty finance company that operates as a business development company under the Investment Company Act of 1940. It was formed by The Goldman Sachs Group, Inc. to invest primarily in U.S. middle-market companies through secured and unsecured debt and select equity positions. The GSBD news stream highlights how this investment strategy translates into quarterly performance, portfolio activity and capital decisions.
News updates for GSBD frequently center on quarterly and annual financial results, where the company reports total investment income, net investment income per share, net asset value per share and non-GAAP measures that adjust for a purchase discount related to a prior merger. These releases also summarize portfolio composition by instrument type, the number of portfolio companies and industries represented, and the percentage of investments on non-accrual status.
Another key theme in GSBD news is distribution policy and dividends. Press releases detail base quarterly dividends, supplemental dividends and special dividends, along with record and payment dates. The company has described a distribution framework that combines a base dividend with variable supplemental distributions tied to net investment income above a set level, subject to board approval.
Investors following GSBD news will also see coverage of capital structure developments, such as amendments to the senior secured revolving credit facility and the pricing and issuance of unsecured notes, including 5.650% notes due 2030. These items explain how the company manages its leverage, liquidity and funding costs. In addition, GSBD regularly announces the scheduling of earnings releases and conference calls, providing access details for telephone and webcast participation.
For those tracking GSBD, this news flow offers ongoing insight into portfolio performance, credit quality, dividend actions and financing decisions that shape the company’s risk and return profile over time.
Goldman Sachs BDC, Inc. (NYSE: GSBD) will report its first quarter 2023 financial results on May 4, 2023, after market close. An earnings conference call will be hosted on May 5, 2023, at 9:00 AM ET. Participation options include telephone and audio webcast through the company's website. The company primarily invests in middle-market companies in the U.S. through secured debt, mezzanine debt, and select equity investments, aiming for current income and capital appreciation. Goldman Sachs BDC is externally managed by Goldman Sachs Asset Management.
Goldman Sachs BDC, Inc. (NYSE: GSBD) has priced an offering of 6,500,000 shares of common stock, aiming to raise approximately
The offering is managed by BofA Securities, Morgan Stanley, and Goldman Sachs & Co. LLC.
Goldman Sachs BDC, Inc. (NYSE: GSBD) announced a planned offering of 6.5 million shares of its common stock, with an option for underwriters to buy an additional 975,000 shares. The offering aims to repay part of its outstanding debt under the revolving credit facility, enabling new investments aligned with its strategies. The completion of the offering depends on market conditions. BofA Securities, Morgan Stanley, and Goldman Sachs & Co. LLC are the joint book-running managers for this offering. Investors are encouraged to review the preliminary prospectus for detailed investment risks.
Goldman Sachs BDC, Inc. (GSBD) reported financial results for Q4 and FY 2022, announcing a net investment income of $0.66 per share, with an adjusted yield of 17.8%. The earnings per share for the quarter was $0.04, while net asset value per share decreased by 2.7% to $14.61. Total investments at fair value were $3.88 billion with a significant majority in senior secured debt (97.6%). A regular dividend of $0.45 per share has been declared for Q1 2023. Notably, net expenses rose to $36.9 million, influenced by increased interest rates.
Goldman Sachs BDC, Inc. (NYSE: GSBD) will announce its financial results for the fourth quarter and fiscal year ended
Goldman Sachs BDC reported its Q3 2022 results, with net investment income per share at $0.60, adjusted to $0.56 when excluding purchase discount amortization. Despite a total investment income increase to $95.2 million, earnings per share fell to $(0.07). The net asset value per share decreased by 3.3% to $15.02, and the debt-to-equity ratio rose to 1.34x. The Board declared a quarterly dividend of $0.45 per share.
Net originations reached $205.3 million, with a portfolio valued at $4.054 billion, primarily in senior secured debt.
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