Golub Capital issued the inaugural edition of the quarterly Golub Capital Middle Market Report. The report, which features the Golub Capital Altman Index, showed that private middle market companies increased revenues by 9.26% and EBITDA by 6.93% year-over-year during the first two months of the second quarter of 2015. This compared to year-over-year increases of 7.24% and 6.42% in revenues and earnings, respectively, in the first quarter.
The Golub Capital Altman Index, which is produced by Golub Capital in collaboration with credit expert Dr. Edward I. Altman, is the first and only index based on actual sales and earnings data for middle market companies. It measures median revenue and earnings performance from the data of approximately 150 private U.S. companies in the loan portfolio of Golub Capital.