Daily News: January 31, 2012

Golub Prices Public Offering of 3.5 Million Shares of Stock

Golub Capital BDC, Inc. announced that it has priced an underwritten public offering of 3.5 million shares of common stock at $15.35 per share. Wells Fargo Securities and UBS Investment Bank are acting as joint bookrunning managers for the offering. The offering of the shares will be made under the company’s shelf registration statement, which was filed with, and declared effective by, the SEC.

The offering is expected to close on February 3, 2012, subject to customary closing conditions. The company has also granted the underwriters an option to purchase up to an additional 525,000 shares of common stock to cover over-allotments, if any.

The company intends to use the net proceeds from the offering to invest in portfolio companies in accordance with its investment objective and strategies and for general corporate purposes.

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