NEW
YORK, July 11, 2023 /PRNewswire/ -- Golub
Capital BDC, Inc. ("GBDC") (Nasdaq: GBDC, www.golubcapitalbdc.com),
a business development company, today announced that it originated
$110.7 million in new middle-market
investment commitments during the three months ended June 30, 2023. Approximately 99% of the new
middle-market investment commitments were one stop loans and 1%
were senior secured loans. Equity and other securities represented
an amount less than 1%. Of the new middle-market investment
commitments, $105.9 million funded at
close.
Total investments at fair value are estimated to
have increased by approximately 0.7%, or $38.6
million, during the three months ended June 30,
2023 after factoring in debt repayments, sales of securities,
net fundings on revolvers and net change in unrealized gains
(losses).
ABOUT GOLUB CAPITAL BDC, INC.
Golub Capital BDC, Inc. ("GBDC") is an externally-managed,
non-diversified closed-end management investment company that has
elected to be treated as a business development company under the
Investment Company Act of 1940. GBDC invests primarily in one stop
and other senior secured loans to middle market companies that are
often sponsored by private equity investors. GBDC's investment
activities are managed by its investment adviser, GC Advisors LLC,
an affiliate of the Golub Capital LLC group of companies ("Golub
Capital").
ABOUT GOLUB CAPITAL
Golub Capital is a market-leading, award-winning direct lender
and experienced credit asset manager. The firm specializes in
delivering reliable, creative and compelling financing solutions to
companies backed by private equity sponsors. Golub Capital's
sponsor finance expertise also forms the foundation of its Broadly
Syndicated Loan and Credit Opportunities investment programs. Golub
Capital nurtures long-term, win-win partnerships that inspire
repeat business from private equity sponsors and investors.
As of April 1, 2023, Golub Capital
had over 800 employees and over $60
billion of capital under management, a gross measure of
invested capital including leverage. The firm has lending offices
in Chicago, New York, San
Francisco and London. For
more information, please visit golubcapital.com.
FORWARD-LOOKING STATEMENTS
This press release may contain "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995. Statements other than statements of historical facts
included in this press release may constitute forward-looking
statements and are not guarantees of future performance or results
and involve a number of risks and uncertainties. Actual results may
differ materially from those expressed or implied in the
forward-looking statements as a result of a number of factors,
including those described from time to time in filings with the
Securities and Exchange Commission. Golub Capital BDC, Inc.
undertakes no duty to update any forward-looking statement made
herein. All forward-looking statements speak only as of the date of
this press release.
View original
content:https://www.prnewswire.com/news-releases/golub-capital-bdc-inc-announces-110-7-million-in-new-middle-market-originations-for-its-fiscal-year-2023-third-quarter-301874206.html
SOURCE Golub Capital BDC, Inc.