Golub Capital BDC (GBDC) Updates on Q2 Middle-Market Investment Originations

Golub Capital BDC (Nasdaq: GBDC) announced that it originated $370.5 million in new middle-market investment commitments during the three months ended June 30, 2015. Approximately 85% of the new middle-market investment commitments were one stop loans, 14% were senior secured loans and 1% were equity securities. Of the new middle-market investment commitments, $345.2 million funded at close. In addition, during the three months ended June 30, 2015, Golub Capital BDC, Inc. invested $30.9 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 increased by $147.6 million during the three months ended June 30, 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 $66.4 million after factoring in debt repayments, sales of securities, net fundings on revolvers, and net change in unrealized gains (losses).

You May Also Be Interested In

• McCormick board member to resign after CFO appointment at Best Buy
• Target (TGT) files mixed shelf
• Hyatt Hotels (H) files mixed shelf