Golub Capital BDC, a business development company, announced that it has increased the size of its term debt securitization by $50 million.

Golub said the term debt securitization was amended and restated to (i) issue an additional $50 million of notes (increasing the Class A Notes by $29 million, increasing the class B notes by $2 million and increasing the subordinated notes by $19 million, (ii) extend the reinvestment period by two years to July 20, 2015, (iii) extend the stated maturity date of the notes by two years to July 20, 2023 and (iv) re-price the class A notes to bear interest at the LIBOR, or LIBOR, plus 1.74%. The class A notes previously bore interest at LIBOR plus 2.40%.

The additional class A notes were sold through a private placement and the additional class B notes and additional subordinated notes were retained by Golub Capital BDC 2010-1 Holdings, a direct subsidiary of the company.

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