Daily News: October 14, 2014

Golub Capital Announces $331.5MM in Q4 Originations


Golub Capital BDC announced that it originated $331.5 million in new middle-market investment commitments during the three months ended September 30, 2014. Approximately 11% of the new middle market investment commitments were senior secured loans, 81% were one stop loans, 6% were second lien and 2% were equity securities.

Golub said of the new middle market investment commitments, $293.5 million funded at close. In addition, during the three months ended September 30, 2014, Golub Capital BDC. invested $1.1 million in Senior Loan Fund, an unconsolidated Delaware limited liability company that invests in senior secured loans and is co-managed by Golub Capital BDC and RGA Reinsurance Company.

“The quarter ending September 30, 2014 was marked by very strong originations and unusually high repayments. We are particularly pleased with the credit performance of the portfolio,” said David Golub, chief executive officer of Golub Capital BDC.