2023-03-07 06:14:55 ET
- Goldman Sachs BDC ( NYSE: GSBD ) priced a 6.5M shares offering, par value $0.001/share for for total gross proceeds of ~$99.1M.
- Underwriters granted an option to purchase up to an additional 975K shares.
- Offer is expected to be delivered on or about Mar.9, 2023.
- Net proceeds to be used for repaying a portion of its outstanding debt under its revolving credit facility.
- Through re-borrowings under its revolving credit facility, the company plans to make new investments in accordance with its investment objective and strategies.
- Shares trading 5.7% down premarket.
For further details see:
Goldman Sachs BDC prices $99.1M in stock offering