Business
GOLUB CAPITAL BDC, INC. ANNOUNCES $867.7 MILLION IN NEW MIDDLE-MARKET ORIGINATIONS FOR ITS FISCAL YEAR 2022 FIRST QUARTER
NEW YORK, Jan. 10, 2022 /PRNewswire/ -- Golub Capital BDC, Inc. ("GBDC") (Nasdaq: GBDC, www.golubcapitalbdc.com), a business development company, today
About this update from Golub Capital Bdc, Inc.
[{"type":"text","content":"NEW YORK, Jan. 10, 2022 /PRNewswire/ -- Golub Capital BDC, Inc. (\"GBDC\") (Nasdaq: GBDC, www.golubcapitalbdc.com), a business development company, today announced that it originated $867.7 million in new middle-market investment commitments during the three months ended December 31, 2021. Approximately 88% of the new middle-market investment commitments were one stop loans, 4% were senior secured loans and 8% were equity and other securities. Of the new middle-market investment commitments, $765.7 million funded at close. \nTotal investments at fair value are estimated to have increased by approximately 5.1%, or $251.9 million, during the three months ended December 31, 2021 after factoring in debt repayments, sales of securities, net fundings on revolvers and net change in unrealized gains (losses). \nABOUT GOLUB CAPITAL BDC, INC.\nGolub 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\").\nABOUT GOLUB CAPITAL\nGolub Capital is a market-leading, award-winning direct lender and credit asset manager, with over $45 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 sponsor finance expertise also forms the foundation of its Late Stage Lending, Broadly Syndicated Loan and Opportunistic Credit investment programs. Across its activities, Golub Capital nurtures long-term, win-win partnerships that inspire repeat business from private equity sponsors and investors. Founded over 25 years ago, Golub Capital today has over 600 employees and lending offices in Chicago, New York, San Francisco and London. For more information, please visit golubcapital.com.\nFORWARD-LOOKING STATEMENTS\nThis press release may contain \"forward-looking statements\" within the meaning of the Private Securities Litigation Reform Act of 1995. S...