CHICAGO, Jan. 8, 2016 /PRNewswire/ -- Golub Capital
BDC, Inc. (NASDAQ: GBDC, www.golubcapitalbdc.com), a business
development company, today announced that it originated
$149.9 million in new middle-market
investment commitments during the three months ended December 31, 2015. Approximately 76% of the new
middle-market investment commitments were one stop loans, 23% were
senior secured loans and 1% were equity securities. Of the new
middle-market investment commitments, $139.4
million funded at close. In addition, during the three
months ended December 31, 2015, Golub
Capital BDC, Inc. invested $15.5
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 decreased
by approximately 0.1%, or $1.3
million, during the three months ended December 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
11.6%, or $36.8 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 $15 billion of capital
under management. The firm has an award-winning middle market
lending business. Golub Capital has four highly complementary
business lines led by experienced teams of credit professionals:
Middle Market Lending, Late Stage Lending, Broadly Syndicated Loans
and Opportunistic Credit. Golub Capital's lending offices are
located in Chicago, New York, San
Francisco and Charlotte. 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.