Goldman Sachs Private Credit Fund Sells $750 Million Bond

A Goldman Sachs Group Inc. private credit fund raised $750 million from a bond sale on Tuesday, making it the second private credit fund to tap the investment-grade debt market this week.

The five-year note from Goldman Sachs Private Credit Corp. priced 2.55 percentage points above Treasuries, about 0.3 percentage point tighter than initial talk, according to a person familiar with the matter. Proceeds are for general corporate purposes and to refinance debt, added the person, who asked not to be identified a they’re not authorized to speak publicly.