Golub Capital BDC Announces Underwriting Agreement for Additional $150 Million Notes

Golub Capital BDC, Inc. (NASDAQ: GBDC) disclosed in an 8-K filing with the Securities and Exchange Commission (SEC) on November 25, 2024, that it has entered into an underwriting agreement for the issuance and sale of an additional $150 million aggregate principal amount of the company’s 6.000% Notes due 2029.

The underwriting agreement, signed among Golub Capital BDC, Inc., GC Advisors LLC, Golub Capital LLC, and several underwriters including SMBC Nikko Securities America, Inc., J.P. Morgan Securities LLC, Santander US Capital Markets LLC, and Truist Securities, Inc., is part of the company’s ongoing financial strategy. The offering is expected to conclude on December 3, 2024, subject to customary closing conditions.

The agreement encompasses typical representations, warranties, and covenants by the Company and the Adviser, along with indemnification and contribution provisions against certain liabilities. Notably, the offering was conducted following the company’s effective shelf registration statement on Form N-2, as supplemented by relevant prospectus materials and pricing information filed with the SEC on November 25, 2024.

It is important to note that the Current Report on Form 8-K does not serve as an offer to sell or a solicitation to buy any securities. Furthermore, the detailed terms and conditions of the Underwriting Agreement can be found in the full text included as an exhibit to the filing.

As per Item 9.01, the filing also listed the Underwriting Agreement dated November 25, 2024, and a Cover Page Interactive Data File embedded within the Inline XBRL document as exhibits accompanying the disclosure.

For further details regarding Golub Capital BDC, Inc.’s financial status and future prospects, interested parties are encouraged to review the complete 8-K filing available through the SEC’s database.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Golub Capital BDC’s 8K filing here.

Golub Capital BDC Company Profile

Golub Capital BDC, Inc (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors.