Goldman Sachs BDC completed the $1bn merger with Goldman Sachs Middle Market Lending.

Goldman Sachs BDC and Goldman Sachs Middle Market Lending, two specialty finance companies, completed the $1bn merger. The transaction resulted in approximately 5.5% accretion to GSBD’s net asset value per share, based on GSBD’s and MMLC’s net asset values as of September 30, 2019. The combined company will continue to trade under the ticker symbol “GSBD” on the New York Stock Exchange. “We want to thank all of our stakeholders for their support of the transaction, which we believe will deliver significant benefits to the Company," Brendan McGovern, GSBD and MMLC President and CEO. October 2, 2020: Stockholders approve the $1bn merger.