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Goldman Sachs BDC closes offering of convertible notes

Goldman SachsBDC Inc. closed an offering of $115 million of 4.50% convertiblenotes due April 1, 2022.

The offering amount includes $15 million of notes issuedunder the initial purchasers' full exercise of their overallotment option.

Interest on the notes is payable semiannually.

Goldman Sachs BDC plans to use the net proceeds of theoffering to pay down debt under its revolving credit facility.