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BDCNON-TRADED

Goldman Sachs Private Middle Market Credit LLC

CIK 0001674760

Goldman Sachs Private Middle Market Credit LLC is a non-traded business development company. With $481 million in total assets, it is one of the smaller funds in the coverage universe. The portfolio is concentrated in direct lending, with 87% in first-lien senior secured loans and 82% floating-rate, at a weighted-average spread of 596 bps over the base rate. Its largest sector exposure is Consumer Staples (15% of holdings).

NAV/Share

$21.46

AUM

$481.3M

Positions

34

Strategy

Private Credit

Wtd. Avg. Coupon

9.6%

79% coverage

Wtd. Avg. Spread

6 bps

Wtd. Avg. Maturity

1.7 yrs

98% coverage

Top 10 Concentration

67.7%

Instrument type

Share of portfolio fair value

First Lien
85%
of fair value
First Lien Senior Loans84.6%
Second Lien Loans13.2%
Equity2.1%

Industry exposure

Share of holdings fair value

Top 5
100%
of holdings
Consumer Staples14.6%
Industrials5.1%
Other1.2%
Communication Services1.0%
Unknown78.2%
Unknown sector positions lack GICS classification in the source filing or could not be reconciled.

Maturity profile

Share of debt fair value by years to maturity.

Risk & Credit Indicators

PIK in Terms

26.9%