MVC - After Merging Goldman Sachs BDC Is Expected To Trade At A 20% Discount To Historical NAV
- With a flurry of M&A activity in the BDC industry this year, GSBD and MMLC finally closed their merger on October 12, 2020.
- The resulting $3.3B portfolio makes GSBD the 7th largest BDC by AUM.
- With uncertainty in the market, GSBD presents an enticing investment opportunity with a strong deleveraged portfolio as a result of the merger as well as consistent long-term returns.
- The new GSBD will be trading at a 20% discount to its historical book value and an 11% dividend yield.
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After Merging, Goldman Sachs BDC Is Expected To Trade At A 20% Discount To Historical NAV