CHICAGO, Oct. 11, 2011 /PRNewswire/ -- Golub Capital BDC,
Inc. (NASDAQ: GBDC, www.golubcapitalbdc.com), a business
development company, today announced that it originated
$59.8 million in new middle market
investment commitments during the three months ended September 30, 2011. Of these new investment
commitments, $50.4 million funded at
close. Overall, total investments in portfolio companies at fair
value increased by $21.0 million
during the three months ended September 30,
2011 after factoring in debt repayments.
"As expected, new originations for the quarter ended
September 30, 2011 declined from a
very robust quarter ended June 30,
2011, but still remained strong at approximately
$60 million," commented David B. Golub, Chief Executive Officer of Golub
Capital BDC, Inc. "The new deal pipeline and scheduled closings for
the month of October indicate a strong start to the current
quarter, but the ongoing market volatility could impact new
originations for the remainder of the quarter."
ABOUT GOLUB CAPITAL BDC, INC.
Golub Capital BDC, Inc. 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, Inc.'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 2010, Golub Capital was named "Middle
Market Lender of the Year" by Buyouts Magazine and "Debt
Financing Agent of the Year" by M&A Advisor. As of
September 30, 2011, Golub Capital
managed over $5.0 billion of capital,
with a team of investment professionals in New York and Chicago.
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.