Daily News: March 12, 2015

Goldman Sachs to Take Specialty Lender Public

The Wall Street Journal reported Goldman Sachs Group said it plans to sell six million shares in its specialty lender as the New York firm gears up to list the two-year-old unit in the coming weeks.

According to the Journal , the firm has begun pitching shares to potential investors, a person familiar with the matter said. The Journal said further Goldman said it would offer the shares in Goldman Sachs BDC, but didn’t detail the proposed price or date for the IPO.

To read the entire Journal article, click here.