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Goldman Sachs BDC (GSBD) Reports Offering of Unsecured Convertible Notes

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Goldman Sachs BDC (GSBD) Announces Pricing of Unsecured Conv. Notes Offering

September 28, 2016 6:12 AM EDT

Goldman Sachs BDC, Inc. (NYSE: GSBD) announced that it has agreed to sell in an offering of $100 million aggregate principal amount of 4.50% convertible notes due 2022 (the Convertible Notes). The Company has also granted the initial purchasers an option to purchase up to an additional $15 million aggregate principal amount of the Convertible Notes to cover over-allotments, if any. The Convertible Notes will be offered and sold only to qualified institutional buyers (as defined in the Securities Act of 1933, as amended (the Securities Act)) pursuant to... More