Blackstone Credit appointed Abby Miller chief accounting officer and treasurer of Blackstone Private Credit Fund and Blackstone Secured Lending Fund, Blackstone Credit’s business development companies.
Golub Capital BDC, a business development company, originated $614.7 million in new middle-market investment commitments during the three months ended June 30, 2021.
JPMorgan served as leader alongside six banks on a $475 million revolving credit facility for business development company Golub Capital BDC.
Capital Southwest supported Amware Fulfillment’s acquisition of Moulton Logistics with an incremental senior secured first lien term loan. Amware is a portfolio company of Capital Southwest and provides order fulfillment services to e-commerce and direct selling companies.
Goldman Sachs BDC completed its merger with Goldman Sachs Middle Market Lending. BofA Securities and Dechert served as financial and legal advisors to Goldman Sachs BDC, while Morgan Stanley and Eversheds Sutherland served as the financial and legal advisors to Goldman Sachs Middle Market Lending.
Goldman Sachs BDC and Goldman Sachs Middle Market Lending obtained stockholder approval of all of the proposals related to the merger of the two companies.
Crescent Capital BDC reported net investment income of $13 million for Q2/20. The company invested $26.4 million into one new portfolio company, one refinancing and several follow-on revolver and delayed draw fundings during the quarter.
Barings BDC and MVC Capital entered into a definitive merger agreement. The combined company, which will remain externally managed by Barings, is expected to have more than $1.2 billion of investments on a pro forma basis.
Golub Capital BDC reported results for fiscal Q3/20, including net investment income per share of $0.23 compared with $0.24 for fiscal Q2/20. The company also has investments in 254 portfolio companies with a value of $4,250.4 million.
Goldman Sachs BDC and Goldman Sachs Middle Market Lending amended and restated their agreement and plan of merger, dated Dec. 9, 2019. The consummation of the merger is currently expected to occur in Q4/20.