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Goldman Sachs BDC Issues $400 Million Senior Notes

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Goldman Sachs BDC Issues $400 Million Senior Notes

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Goldman Sachs BDC ( (GSBD) ) just unveiled an update.

On January 28, 2026, Goldman Sachs BDC, Inc. entered into a Fifth Supplemental Indenture with Computershare Trust Company to issue $400 million of 5.100% unsecured notes due January 28, 2029, which are senior to any expressly subordinated obligations, rank pari passu with other unsubordinated debt, and are effectively and structurally junior to secured and subsidiary-level indebtedness. The notes, which pay interest semi-annually beginning July 28, 2026, are subject to covenants tied to investment company asset coverage requirements and financial reporting, include a change-of-control repurchase feature at 100% of principal plus accrued interest, and generated approximately $392.5 million in net proceeds at the offering’s closing on January 28, 2026, which the company plans to use to pay down its senior secured revolving credit facility and for general corporate purposes, thereby extending its debt maturity profile and reducing secured borrowings.

The most recent analyst rating on (GSBD) stock is a Buy with a $10.50 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 Neutral.

The score is primarily supported by relatively solid financial performance (positive cash generation and improved leverage) and favorable valuation (low P/E and high dividend yield). These are tempered by weak technical signals (below key moving averages with negative MACD) and mixed earnings-call takeaways, including a NAV decline and ongoing credit/spread pressure.

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

More about Goldman Sachs BDC

Goldman Sachs BDC, Inc. is a business development company that provides financing solutions, primarily in the form of debt, to middle-market companies, operating as part of the broader Goldman Sachs asset management and credit platform in the U.S. private credit market.

Average Trading Volume: 1,369,755

Technical Sentiment Signal: Sell

Current Market Cap: $1.07B

Find detailed analytics on GSBD stock on TipRanks’ Stock Analysis page.

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