tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Goldman Sachs BDC Closes $400M Notes Offering

Story Highlights
Goldman Sachs BDC Closes $400M Notes Offering

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Goldman Sachs BDC ( (GSBD) ) has provided an update.

On September 4, 2025, Goldman Sachs BDC, Inc. entered into an underwriting agreement for the issuance and sale of $400 million in 5.650% notes due 2030. The offering, which closed on September 9, 2025, was conducted under the company’s effective registration statement and involved several underwriters, including Goldman Sachs Asset Management and BofA Securities. The net proceeds of approximately $394.9 million will be used to pay down a portion of the company’s senior secured revolving credit agreement and for general corporate purposes. This strategic financial move is expected to enhance the company’s liquidity and operational flexibility, potentially impacting its market positioning and stakeholder value.

The most recent analyst rating on (GSBD) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on Goldman Sachs BDC stock, see the GSBD Stock Forecast page.

Spark’s Take on GSBD Stock

According to Spark, TipRanks’ AI Analyst, GSBD is a Outperform.

Goldman Sachs BDC’s strengths lie in its solid financial foundation and attractive dividend yield, appealing to long-term investors. The earnings call revealed strategic improvements but highlighted some underlying challenges. Technical indicators suggest current downward pressure, yet potential for recovery. The overall outlook is cautiously optimistic, focusing on addressing cash flow and revenue growth concerns.

To see Spark’s full report on GSBD stock, click here.

More about Goldman Sachs BDC

Goldman Sachs BDC, Inc. operates in the financial services industry, primarily focusing on investment management and advisory services. The company is involved in issuing and managing various financial products, including notes and securities, to support its investment strategies and corporate operations.

Average Trading Volume: 648,454

Technical Sentiment Signal: Buy

Current Market Cap: $1.31B

For an in-depth examination of GSBD stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1