CHICAGO, Jan. 14, 2011 /PRNewswire/ -- Golub Capital BDC,
Inc. (Nasdaq: GBDC, www.golubcapitalbdc.com), a business
development company, today announced that it originated
$113.7 million in new investment
commitments during the three months ended December 31, 2010. Of these new investment
commitments, $97.6 million funded at
close. During this same period, Golub Capital BDC had
$64.1 million in sales and debt
repayments on existing portfolio company investments.
"As we expected, we had a strong origination quarter due to a
pick-up in M&A activity," commented David B. Golub, Chief Executive Officer of Golub
Capital BDC. "We anticipate the pace will slow in the quarter
ending March 31, 2011."
ABOUT GOLUB CAPITAL BDC, INC.
Golub Capital BDC principally invests in senior secured,
unitranche, mezzanine and second lien loans of middle-market
companies that are, in most cases, sponsored by private equity
investors. Golub Capital BDC's investment activities are managed by
its investment adviser, GC Advisors LLC, an affiliate of the Golub
Capital group of companies ("Golub Capital").
ABOUT GOLUB CAPITAL
Golub Capital, founded in 1994, is a leading lender to
middle-market companies. In 2009, Golub Capital was named "Middle
Market Lender of the Year" by Buyouts Magazine and "Debt Financing
Agent of the Year" and "Mezzanine Financing Agent of the Year" by
M&A Advisor. As of December 31,
2010, Golub Capital managed over $4.0
billion of capital, with a team of investment professionals
in New York, Chicago and Atlanta.
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, including statements about anticipated loan origination
activity and Golub Capital BDC's future performance, financial
condition, liquidity and capital resources. Forward-looking
statements 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 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.
SOURCE Golub Capital BDC, Inc.