Golub Capital BDC Prices Public Offering of $400M 2.500% Notes

2/17/21

Golub Capital BDC, Inc., a business development company (NASDAQGS: GBDC), announced that it has priced an underwritten public offering of $400 million in aggregate principal amount of 2.500% notes due 2026. The notes will mature on August 24, 2026 and may be redeemed in whole or in part at the Company's option at any time at par plus a "make-whole" premium, if applicable.

SMBC Nikko Securities America, Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc. and SG Americas Securities, LLC are acting as joint book-running managers for this offering. The offering is expected to close on February 24, 2021, subject to customary closing conditions.

ABOUT GOLUB CAPITAL BDC, INC.

The Company 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, as amended. The Company invests primarily in one-stop and other senior secured loans of U.S. middle-market companies that are often sponsored by private equity investors. The Company's investment activities are managed by its investment adviser, GC Advisors LLC, an affiliate of the Golub Capital group of companies.

ABOUT GOLUB CAPITAL

Golub Capital is a market-leading, award-winning direct lender and credit asset manager, with over $35 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, San Francisco and London.

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