KBRA Assigns Rating to Goldman Sachs BDC, Inc.'s $400 Million 6.375% Senior Unsecured Notes Due 2027
KBRA assigns a rating of BBB to Goldman Sachs BDC, Inc.'s (“GSBD” or “the company”) $400 million 6.375% senior unsecured notes due March 11, 2027.
- KBRA assigns a rating of BBB to Goldman Sachs BDC, Inc.'s (“GSBD” or “the company”) $400 million 6.375% senior unsecured notes due March 11, 2027.
- The rating is supported by Goldman Sachs BDC, Inc.'s ties to Goldman Sachs' ("GS") $2.5 trillion of Assets Under Supervision along with SEC exemptive relief to co-invest with GS affiliates.
- The company is managed by Goldman Sachs Asset Management, L.P. ("GSAM"), an affiliate of Goldman Sachs & Co. LLC.
- GSBD's affiliate BDC, Goldman Sachs Private Credit Corp., is rated by KBRA (Issuer and Senior Unsecured Debt Ratings: BBB/Stable Outlook).