Daily News: March 19, 2013

Golub Capital ‘Right-Sizes’ Wells Fargo Revolver

Golub Capital BDC announced that its wholly owned subsidiary, Golub Capital BDC Funding, decreased the size of its senior secured revolving credit facility with Wells Fargo Bank from $150 million to $100 million.

“After increasing the size of our term debt securitization and after receiving our second Small Business Investment Company license, we proactively decided to right-size the senior secured revolving credit facility,” said Golub Capital BDC, CEO David Golub.