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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.
Goldman Sachs BDC, Inc. (GSBD) reported its Q3 2021 financial results, showing a net investment income per share of $0.63. Excluding merger-related amortization, the adjusted net investment income per share was $0.48, yielding an annualized net investment income of 12.1%. The company declared a fourth quarter dividend of $0.45 per share, payable January 27, 2022. However, its net asset value decreased by 0.8% to $15.92. Total investment income rose to $96.7 million, while expenses increased to $32.0 million.
Goldman Sachs BDC, Inc. (NYSE: GSBD) will report its third quarter financial results for the period ending September 30, 2021, after market close on November 4, 2021. The company will host an earnings conference call on November 5, 2021, at 9:00 AM Eastern Time to discuss the results. Interested participants can join via telephone or through an audio webcast on the company’s website. Goldman Sachs BDC is focused on investing in middle-market companies in the U.S., primarily through secured and unsecured debt and selected equity investments.
Goldman Sachs BDC, Inc. (GSBD) reported Q2 2021 results, highlighting a net investment income per share of $0.57 and an adjusted net investment income of $0.48, yielding 12.0% on book value. The Board declared a $0.45 dividend for Q3 2021. Total investments reached $3,533.6 million, with a 0.3% increase in net asset value per share to $16.05. The net debt to equity ratio improved to 0.91x. New investment commitments totaled $368.8 million, while sales and repayments amounted to $277.4 million.
Goldman Sachs BDC, Inc. (NYSE:GSBD) will release its second-quarter financial results for the period ending June 30, 2021, after market close on August 5, 2021. An earnings conference call is scheduled for August 6, 2021, at 9:00 AM ET. Participants can join via telephone or webcast from the Investor Resources section of GS BDC's website. Additionally, a replay of the call will be available until September 6, 2021. GS BDC primarily invests in middle-market companies and aims to generate income through secured and unsecured debt, along with select equity investments.
Goldman Sachs BDC, Inc. (GSBD) reported its financial results for Q1 2021, with a net investment income per share of $0.57 and adjusted net investment income of $0.48, yielding 12.0% on book value. The company's net asset value per share rose to $16.00, a 0.6% increase. GSBD declared a regular dividend of $0.45 per share and a special dividend of $0.05. New investment commitments totaled $188.3 million, with a net portfolio change of $(58.2) million. As of Mar 31, 2021, GSBD's investments were mainly in senior secured debt, maintaining a stable debt-to-equity ratio of 0.96x.
Goldman Sachs BDC, Inc. (GSBD) is set to release its first quarter financial results for the period ending March 31, 2021, after market close on May 6, 2021. An earnings conference call will take place on May 7, 2021, at 9:00 am Eastern Time, allowing stakeholders to discuss the financial outcomes. Interested parties can join via phone or audio webcast through the investor resources section of the GSBD website. The company specializes in financing middle-market companies, focusing on income generation and capital appreciation through various debt and equity investments.
Goldman Sachs BDC, Inc. (GSBD) reported strong fourth-quarter financial results for the year ending December 31, 2020. Net investment income per share was $0.59, adjusted to $0.48 excluding purchase discount amortization. Earnings per share stood at $1.83, with adjusted earnings at $0.94. The net asset value increased by 2.7% to $15.91, and the net debt to equity ratio improved to 1.00x. The company declared a regular dividend of $0.45 per share. Additionally, record investment commitments of $423 million were reported, bolstering the investment portfolio to $3.48 billion across 123 companies.
Goldman Sachs BDC, Inc. (GSBD) will report its fourth quarter and fiscal year financial results for the period ending December 31, 2020, after market close on February 25, 2021. An earnings conference call is scheduled for February 26 at 9:00 am ET to discuss the financial results. Interested parties can join via telephone or the audio webcast available on the company’s website. GS BDC focuses on investments in middle-market companies, seeking to generate current income and capital appreciation through various debt and equity investments.
Goldman Sachs BDC, Inc. (NYSE: GSBD) has announced a $500 million offering of 2.875% notes maturing on January 15, 2026. The notes can be redeemed at par plus a potential make-whole premium. Proceeds will be used to reduce debt under its revolving credit facility. The offering is subject to customary closing conditions and is expected to be finalized by November 24, 2020. A group of financial institutions, including BofA Securities and Citigroup, are managing the offering.
Goldman Sachs BDC, Inc. (GSBD) reported its third-quarter financial results for 2020, highlighting earnings of $0.80 per share and net investment income of $0.45 per share. The Board declared a regular dividend of $0.45 per share and special dividends totaling $0.15 per share for 2021. Post-merger with Goldman Sachs Middle Market Lending Corp., GSBD's asset base doubled to $3.5 billion, increasing net asset value to $15.57 per share as of October 9, 2020. The merger improved portfolio metrics, including a 7.9% yield and reduced debt-to-equity ratio to 0.93x.
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