Sector: Financials | Industry: Corporate Financial Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 200 West St NEW YORK NY 10282-2102 |
Tel: | N/A |
Website: | https://www.goldmansachsbdc.com |
IR: | See website |
Key People | ||
Alex Chi Co-President, Co-Chief Executive Officer | Caroline L. Kraus Chief Legal Officer and Secretary | David Miller Co-President, Co-Chief Executive Officer |
Stanley Matuszewski Chief Financial Officer, Treasurer | Tucker Greene Chief Operating Officer | John Lanza Principal Accounting Officer |
Julien Yoo Chief Compliance Officer | Justin Betzen Vice President | Greg Watts Vice President | Jennifer Yang Vice President |
Business Overview |
Goldman Sachs BDC, Inc. is a specialty finance company focused on lending to middle-market companies. The Company seeks to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including first lien, first lien/last-out unitranche and second lien debt, and unsecured debt, including mezzanine debt, as well as through select equity investments. It may also originate covenant-lite loans, which are loans with fewer financial maintenance covenants than other obligations, or no financial maintenance covenants. In addition to investments in United States middle-market companies, it may invest a portion of its capital in opportunistic investments, such as in large United States companies, foreign companies, stressed or distressed debt, structured products or private equity. It invests in various sectors, including automobiles, chemicals and financial services. Its investment advisor is Goldman Sachs Asset Management, L.P. |
Financial Overview |
For the nine months ended 30 September 2024, Goldman Sachs BDC Inc revenues decreased 3% to $330.6M. Net income decreased 83% to $25.3M. Revenues reflect Interest Income - Investment decrease of 6% to $289.2M, Other Investment Income - Investment decrease of 44% to $85K. Net income also reflects Realized G/L on Investments Securitie increase from $44.4M to $131.4M (expense). |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $3,356M as of Sep 30, 2024 |
Annual revenue (TTM): | $445.94M as of Sep 30, 2024 |
EBITDA (TTM): | $257.80M as of Sep 30, 2024 |
Net annual income (TTM): | $75.87M as of Sep 30, 2024 |
Free cash flow (TTM): | -$124.01M as of Sep 30, 2024 |
Net Debt Last Fiscal Year: | $1,828M as of Sep 30, 2024 |
Shares outstanding: | 117,297,222 as of Nov 7, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |