NEW YORK, April 10, 2019
/PRNewswire/ -- Golub Capital BDC, Inc. (NASDAQ: GBDC,
www.golubcapitalbdc.com), a business development company, today
announced that it originated $116.1
million in new middle-market investment commitments during
the three months ended March 31, 2019. Approximately 90% of
the new middle-market investment commitments were one stop loans,
8% were senior secured loans and approximately 2% were equity
securities. Of the new middle-market investment commitments,
$111.4 million funded at close.
Total investments at fair value are estimated to have increased
by approximately 1.9%, or $36.5
million, during the three months ended March 31, 2019
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
decreased by approximately 2.8%, or $5.0
million, during the three months ended March 31, 2019
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
one-stop and other senior secured loans of U.S. 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 market-leading,
award-winning private debt platform with over $30 billion of capital under management. Golub
Capital's Middle Market Lending business specializes in delivering
reliable, creative and compelling financing solutions to U.S.
middle market companies backed by private equity sponsors. The
Middle Market Lending team has particular domain expertise in
select industries, including software, technology services,
healthcare, consumer and restaurant and retail. The firm's credit
expertise also forms the foundation of its Late Stage Lending
business and its Broadly Syndicated Loan investment program. Across
its activities, Golub Capital nurtures long-term, win-win
partnerships that inspire repeat business from its private equity
sponsor clients and investors. Founded in 1994, Golub Capital today
has over 400 employees and lending offices in Chicago, New
York and San Francisco. 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.
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SOURCE Golub Capital