Goldman Sachs BDC files for IPO

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

The middle-market lending unit of Goldman Sachs (NYSE:GS) will sell 6M shares in its IPO, and list on the Big Board under the symbol GSBD. The underwriter greenshoe is for another 900K shares.

Proceeds will be used to pay down debt.

As of year-end, GSBD had 45 investments in 34 portfolio companies with an aggregate fair value $913.95M.


Subscribe for full text news in your inbox