Tender Offer - Goldman Sachs Private Credit Corp.
Form Type: SC TO-I
Filing Date: 2025-05-22
Corporate Action: Tender-offer
Type: New
Accession Number: 000119312525124564
Filing Summary: Goldman Sachs Private Credit Corp. is initiating a tender offer for its Class I shares of common stock, par value $0.001 per share. As of March 31, 2025, the company has 244,701,031 shares outstanding and plans to purchase up to 12,235,051 shares, representing approximately 5.0% of its outstanding shares. The tender offer will expire on June 20, 2025, and shareholders that tender their shares will receive payment based on the net asset value as of June 30, 2025, or a later date if the offer is extended. The purchase price will be determined at the valuation date, and payments will be made in cash within 65 days after the expiry of the offer. The company's investment adviser is Goldman Sachs Asset Management, L.P., and the Board of Directors, led by Timothy J. Leach, has discretionary power over future repurchases. There are no current intentions from the company’s directors or officers to tender shares in this offer.
Additional details:
Title Of Class: Class I Shares of Common Stock
Cusip Number: N/A
Offer Amount: 12235051
Purchase Price Per Share: net asset value as of June 30, 2025 or a later date
Expiration Date: June 20, 2025
Form Type: SC TO-I
Filing Date: 2025-02-24
Corporate Action: Tender-offer
Type: New
Accession Number: 000119312525033165
Filing Summary: Goldman Sachs Private Credit Corp. is conducting an issuer tender offer for its Class I shares of common stock, amounting to a maximum of 9,724,049 shares or approximately 5.0% of the total shares outstanding. The offer period is set to expire on March 21, 2025, unless extended. The purchase price will be based on the net asset value calculated as of March 31, 2025, or a later determined date. Payment for the shares will be made in cash, occurring no later than 65 days after the expiration date. The company is regulated under the Investment Company Act of 1940, and as of December 31, 2024, there were 194,480,997 shares outstanding. The tender offer is being carried out by Goldman Sachs Asset Management, L.P., the investment adviser for the Fund, and the organization emphasizes that any acquisitions will be on the same terms for all stockholders, with no expected participation from the officers or directors in the tender. Also, it notably mentions structures regarding repurchase programs, where the Board retains discretion over share purchases. Audited financial statements dated December 31, 2023, are incorporated by reference into the filing.
Additional details:
Title Of Class: Class I Shares of Common Stock
Cusip Number: N/A
Offer Amount: 9,724,049
Shares Outstanding: 194,480,997
Expiration Date: 2025-03-21
Valuation Date: 2025-03-31
Net Asset Value Payment Time: no later than 65 days after expiration
Form Type: SC TO-I/A
Filing Date: 2025-02-04
Corporate Action: Tender-offer
Type: Update
Accession Number: 000119312525020086
Filing Summary: Goldman Sachs Private Credit Corp. filed an amendment to its tender offer statement on Schedule TO regarding the issuer tender offer for its Class I Shares of Common Stock. The offer started on November 25, 2024, allowing the purchase of up to 7,707,391 shares at a price equal to the net asset value per share as of December 31, 2024. The final amendment details that the offer expired on December 23, 2024, during which 1,014,364.56 shares were validly tendered and accepted. The total net asset value for the shares tendered amounted to approximately $25,582,274.28, which corresponds to $25.22 per share. On January 29, 2025, the Fund disbursed approximately $25,574,766.74 to stockholders, reflecting the net asset value after a 2% early repurchase deduction. This document serves to report on the execution and results of the tender offer and reaffirm that prior information in the statement remains unchanged.
Additional details:
Tender Offer Expiration: 2024-12-23
Shares Tendered: 1014364.56
Purchase Price Per Share: 25.22
Total Paid To Stockholders: 25574766.74
Repurchase Deduction: 2%
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