Golub Capital BDC, Inc. Clarifies Disclosure On Purchase And Sale Of Shares

CHICAGO, May 9, 2013 /PRNewswire/ — On May 7, 2013, certain entities advised or sub-advised by affiliates of Golub Capital purchased 764,808 shares of Golub Capital BDC, Inc. (the "Company") (NASDAQ: GBDC) in block trades from a fund for which GC Advisors LLC serves as adviser, Golub Capital Company IV LLC.  A majority of the shares were purchased by the affiliated entities for the purpose of awarding incentive compensation to employees of Golub Capital. 

None of the shares purchased or sold were owned directly by David B. Golub and Lawrence E. Golub, though each holds a small indirect interest in the selling stockholders.  The sale of shares was reported on Form 4s filed with the Securities & Exchange Commission on May 9, 2013. 


Golub Capital BDC, Inc. principally invests in senior secured, one stop, subordinated 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").


With $8 billion of capital under management, Golub Capital is a leading provider of financing solutions for the middle market, including one stop financings (through the firm's proprietary GOLD and MEGA GOLD facilities), senior, second lien, and subordinated debt, preferred stock and co-investment equity. The firm underwrites and syndicates senior credit facilities up to $250 million. Golub Capital's hold sizes range up to $200 million per transaction.

Golub Capital has been a Top 3 Traditional Middle Market Bookrunner each year from 2008 through 2012 for senior secured loans of up to $100 million for leveraged buyouts (according to Thomson Reuters LPC and internal data; based on number of deals). In 2012, Golub Capital was awarded the ACG New York Champion's Award for "Senior Lender Firm of the Year." Golub Capital is a national firm with principal offices in Chicago and New York. For more information, please visit the firm's website at www.golubcapital.com. 


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.

SOURCE Golub Capital