CHICAGO, April 13, 2015 /PRNewswire/ -- Golub
Capital BDC, Inc. (NASDAQ: GBDC, www.golubcapitalbdc.com), a
business development company, today announced that it originated
$161.9 million in new middle-market
investment commitments during the three months ended March 31, 2015. Approximately 63% of the
new middle-market investment commitments were one stop loans, 35%
were senior secured loans and 2% were equity securities. Of
the new middle-market investment commitments, $132.9 million funded at close. In
addition, during the three months ended March 31, 2015, Golub Capital BDC, Inc. invested
$17.1 million in Senior Loan Fund
LLC, an unconsolidated Delaware
limited liability company ("SLF") that invests in senior secured
loans and is co-managed by Golub Capital BDC, Inc. and RGA
Reinsurance Company.
Total investments at fair value are estimated to have increased
by $22.3 million during the three
months ended March 31, 2015 after
factoring in debt repayments, sales of securities, net fundings on
revolvers, and net change in unrealized gains (losses). Total
investments at fair value held by SLF are estimated to have
increased by approximately $67.5
million 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. ("Golub Capital BDC") 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.
Golub Capital BDC invests primarily in senior secured, one stop,
second lien and subordinated loans of middle-market companies that
are often 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 is a nationally recognized credit asset manager
with over $10 billion of capital
under management. Golub Capital has three highly complementary
business lines: Middle Market Lending, Broadly Syndicated Loans and
Opportunistic Credit. Golub Capital's lending offices are located
in Chicago, New York and San
Francisco. For more information, please visit the firm's
website at www.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.
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SOURCE Golub Capital BDC, Inc.