Golub Capital BDC Announces $98.4 Million in New Originations for its Second Fiscal Quarter and the Termination of its Total Return Swap
Golub Capital BDC, Inc. (NASDAQ: GBDC) today announced that it originated $98.4 million in new investment commitments during the three months ended March 31, 2012. Approximately 36% of the new investment commitments were in one stop loans, 21% were subordinated debt/second lien investments, 39% were senior secured loans and 4% were equity securities. Of the new investment commitments, $94.2 million funded at close. Overall, total investments in portfolio companies at fair value increased by $51.8 million during the three months ended March 31, 2012 after factoring in debt repayments.
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