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GSBD Update: Buy With 9.6% Yield
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GSBD Update: Buy With 9.6% Yield

BDC Buzz
Aug 6, 2021
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Summary

  • GSBD reported slightly above its best-case projections due to much higher-than-expected portfolio yield driven by an increase in accelerated accretion related to repayments partially offset by lower portfolio growth (decline).

  • There was lower fee/dividend income. Debt-to-equity declined to a new near-term low of 0.91 (net of cash). GSBD will be pa…

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