(BofA) – Goldman Sachs BDC, Inc. Costs Public Providing of $500 Million of two.875% Unsecured Notes Due 2026
NEW YORK–(BUSINESS WIRE)–Goldman Sachs BDC, Inc. (the “Company”) (NYSE: GSBD) introduced right this moment that it has priced an providing of $500 million combination principal quantity of two.875% notes due 2026 (the “2026 Notes”). The 2026 Notes will mature on January 15, 2026 and may be redeemed in complete or partially on the Firm’s choice at any time at par plus a “make-whole” premium, if relevant.
The providing is topic to customary closing situations, and the 2026 Notes are anticipated to be delivered on or about November 24, 2020.
The Firm intends to make use of the web proceeds of this providing to pay down debt underneath its revolving credit score facility.
(BofA) Securities, Inc., MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc., Truist Securities, Inc., Citigroup International Markets Inc., Goldman Sachs & Co. LLC, HSBC Securities (USA) Inc., ICBC Customary Bank Plc, Morgan Stanley & Co. LLC and R. Seelaus & Co., LLC are performing as book-running managers for this providing. BNP Paribas Securities Corp., Barclays Capital Inc., CIBC World Markets Corp., Credit score Suisse Securities (USA) LLC, ING Monetary Markets LLC, Raymond James & Associates, Inc. and Wells Fargo Securities, LLC are performing as co-managers for this providing.
Buyers are suggested to fastidiously take into account the funding goal, dangers, prices and bills of the Firm earlier than investing. The pricing time period sheet dated November 19, 2020, the preliminary prospectus complement dated November 19, 2020 and the accompanying prospectus dated November 19, 2020, every of which has been filed with the Securities and Alternate Fee (the “SEC”), include this and different details about the Firm and needs to be learn fastidiously earlier than investing.
The data within the pricing time period sheet, preliminary prospectus complement, the accompanying prospectus and this press launch just isn’t full and may be modified. The pricing time period sheet, preliminary prospectus complement, the accompanying prospectus and this press launch will not be gives to promote any securities of the Firm and will not be soliciting a proposal to purchase such securities in any jurisdiction the place such supply and sale just isn’t permitted.
A registration assertion relating to those securities is on file with the SEC and has grow to be efficient. The providing may be made solely by the use of a preliminary prospectus complement and accompanying prospectus, copies of which may be obtained from (BofA) Securities, Inc., NC1-004-03-43, 200 North School Street, third ground, Charlotte NC 28255-0001, Attn: Prospectus Division, or by calling 1-800-294-1322, or e mail email@example.com.
ABOUT GOLDMAN SACHS BDC, INC.
Goldman Sachs BDC, Inc. is a specialty finance firm that has elected to be regulated as a enterprise improvement firm underneath the Funding Firm Act of 1940. GS BDC was fashioned by The Goldman Sachs Group, Inc. (“Goldman Sachs”) to take a position primarily in middle-market firms in america, and is externally managed by Goldman Sachs Asset Administration, L.P., an SEC-registered funding adviser and a wholly-owned subsidiary of Goldman Sachs. GS BDC seeks to generate present earnings and, to a lesser extent, capital appreciation primarily by means of direct originations of secured debt, together with first lien, first lien/last-out unitranche and second lien debt, and unsecured debt, together with mezzanine debt, in addition to by means of choose fairness investments. For extra data, go to www.goldmansachsbdc.com. Data on the web site just isn’t integrated by reference into this press launch and is supplied merely for comfort.
This press launch may include forward-looking statements that contain substantial dangers and uncertainties, together with the impression of COVID-19 on the enterprise, future working outcomes, entry to capital and liquidity of the Firm and its portfolio firms. You may determine these statements by way of forward-looking terminology similar to “may,” “will,” “should,” “expect,” “anticipate,” “project,” “target,” “estimate,” “intend,” “continue,” or “believe” or the negatives thereof or different variations thereon or comparable terminology. It is best to learn statements that include these phrases fastidiously as a result of they focus on our plans, methods, prospects and expectations regarding our enterprise, working outcomes, monetary situation and different comparable issues. These statements signify the Firm’s perception concerning future occasions that, by their nature, are unsure and out of doors of the Firm’s management. There are more likely to be occasions sooner or later, nevertheless, that we’re not in a position to predict precisely or management. Any forward-looking assertion made by us on this press launch speaks solely as of the date on which we make it. Elements or occasions that would trigger our precise outcomes to vary, presumably materially from our expectations, embrace, however will not be restricted to, the dangers, uncertainties and different elements we determine within the sections entitled “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” in filings we make with the Securities and Alternate Fee, and it isn’t attainable for us to foretell or determine all of them. We undertake no obligation to replace or revise publicly any forward-looking statements, whether or not on account of new data, future occasions or in any other case, besides as required by regulation.