Golub Capital BDC, Inc. (NASDAQ: GBDC) announced that certain affiliates of Golub Capital LLC, an affiliate of GC Advisors LLC, the Company's investment adviser, and a trust that acquires shares of Company common stock for the purpose of awarding incentive compensation to employees of Golub Capital LLC acquired over 5.6 million shares of the Company's common stock between April 1, 2020 and June 15, 2020. The Company previously disclosed that these entities held an aggregate of more than 12.0 million shares of the Company's common stock as of March 31, 2020.
"We believe Golub Capital's ownership of a large number of GBDC shares is a key part of aligning our incentives with our investors'. These new purchases demonstrate again the Golub Capital team's commitment to the long-term success of GBDC," said David B. Golub, Chief Executive Officer of the Company.
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 to 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 LLC group of companies ("Golub Capital").
ABOUT GOLUB CAPITAL
Golub Capital is a market-leading, award-winning direct lender and credit asset manager, with over $30 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 and San Francisco. For more information, please visit golubcapital.com.
