Goldman Sachs Bdc, Inc.
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A specialty finance company that lends money to mid-sized U.S. businesses, providing secured loans that these companies use to grow and operate. Created by The Goldman Sachs Group and managed by Goldman Sachs Asset Management, it went public in 2015 under the ticker GSBD. As a business development company, a type of investment vehicle Congress set up to help small and mid-sized firms access capital, it must pass most of its investment earnings to shareholders as dividends.
4.50% Convertible Notes due 04/01/2022
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