NEW YORK, April 8, 2021
/PRNewswire/ -- Golub Capital BDC, Inc. ("GBDC")
(Nasdaq: GBDC, www.golubcapitalbdc.com), a business development
company, today announced that it originated $234.7 million in new middle-market investment
commitments during the three months ended March 31, 2021.
Approximately 75% of the new middle-market investment commitments
were one stop loans, 24% were senior secured loans and 1% were
equity securities. Of the new middle-market investment commitments,
$175.0 million funded at close.
Total investments at fair value are estimated to
have decreased by approximately 2.5%, or $114.6
million, during the three months ended March 31,
2021 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. ("GBDC") 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. GBDC invests primarily in one-stop
and other senior secured loans of U.S. middle market companies that
are often sponsored by private equity investors. GBDC'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 direct lender
and credit asset manager, with over $35
billion of capital under management. Golub Capital
specializes in delivering reliable, creative and compelling
financing solutions to middle market companies backed by private
equity sponsors. 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 over 25 years ago, Golub Capital today has over
500 employees and lending offices in Chicago, New
York, San Francisco and
London. 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 BDC, Inc.