Attached files
file | filename |
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8-K - GOLUB CAPITAL BDC, Inc. | v190761_8k.htm |
EX-10.1 - GOLUB CAPITAL BDC, Inc. | v190761_ex10-1.htm |
EX-10.4 - GOLUB CAPITAL BDC, Inc. | v190761_ex10-4.htm |
EX-10.3 - GOLUB CAPITAL BDC, Inc. | v190761_ex10-3.htm |
EX-10.5 - GOLUB CAPITAL BDC, Inc. | v190761_ex10-5.htm |
EX-10.2 - GOLUB CAPITAL BDC, Inc. | v190761_ex10-2.htm |
Golub
Capital BDC, Inc. Completes $300 Million Term Debt Securitization
Largest
Collateralized Loan Obligation Backed Primarily by Middle-Market Loans Issued in
2010
Chicago,
IL, July 16, 2010
Golub
Capital BDC, Inc., a business development company (NASDAQ: GBDC), announced
today that it has completed a $300 million term debt securitization. The
proceeds, net of expenses, will be used to refinance the company’s existing
credit facility.
The
transaction was executed through a private offering of approximately $174
million of Aaa/AAA notes issued by a subsidiary of the company and priced at
LIBOR plus 2.40%.
“We are
delighted with this new debt facility. It has better pricing, longer term and a
more flexible reinvestment period than the financing we described in the IPO
prospectus,” said Golub Capital BDC, Inc. CEO David Golub.
The notes
have not been and will not be registered under the Securities Act of 1933 or any
state “blue sky” laws and may not be offered or sold in the United States absent
registration or an applicable exemption from registration.
ABOUT
GOLUB CAPITAL BDC, INC.
Golub
Capital BDC, Inc., (NASDAQ: GBDC, www.golubcapitalbdc.com), a business
development company, principally invests in senior secured, unitranche,
mezzanine and second lien loans of middle-market companies that are, in most
cases, sponsored by private equity investors. Golub Capital BDC, Inc.’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, founded in 1994, is a leading lender to middle-market companies. In
2009, Golub Capital was named “Middle Market Lender of the Year” by Buyouts Magazine and “Debt
Financing Agent of the Year” and “Mezzanine Financing Agent of the Year” by
M&A
Advisor. As of March 31, 2010, Golub Capital managed over $4.0
billion of capital, with a team of 48 investment professionals in New York,
Chicago and Atlanta.
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 in the forward-looking statements as a result of a
number of factors, including those described from time to time in Golub Capital
BDC, Inc.’s 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.
Contact:
Sean
Coleman
212-660-7265
scoleman@golubcapital.com