Home » Economy » Goldman Sachs Sells GreenSky Home Improvement Lender: Deal Details and Impact | Sixth Street Consortium

Goldman Sachs Sells GreenSky Home Improvement Lender: Deal Details and Impact | Sixth Street Consortium

by Alexandra Hartman Editor-in-Chief

2023-10-11 18:52:00

NEW YORK, Oct. 11 – Goldman Sachs Group has agreed to sell GreenSky, its home improvement lender, and related loans to a consortium led by investment firm Sixth Street Partners.

Goldman Sachs did not disclose the value of the transaction, but said it would take a charge of 19 cents per share in its third-quarter results to be announced Tuesday.

Last year, Goldman Sachs closed the deal with GreenSky worth $1.7 billion. (Reporting by Saeed Azhar and Niket Nishant in Bengaluru; Editing by Chris Reese)

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