On August 8, 2012, two investment vehicles for which GC Advisors serves as subadviser purchased 111,487 shares of Golub Capital BDC in a block trade from two funds for which GC Advisors serves as adviser, Golub Capital Company V and Golub Capital Company VI.

All of the shares sold by Golub Capital Company V LLC and Golub Capital Company VI were purchased by the other investment vehicles for which GC Advisors serves as a subadviser. None of the shares purchased or sold were owned directly by David B. Golub and Lawrence E. Golub or any other employee of Golub Capital.

Golub Capital BDC, Inc. principally invests in senior secured, one stop, mezzanine and second lien loans of middle-market companies that are, in most cases, sponsored by private equity investors.

With over $6 billion in capital under management, Golub Capital is a provider of financing solutions for the middle market, including one-loan financings, senior, second lien, and subordinated debt, preferred stock and co-investment equity.