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Home Deal Announcements

Golub Capital BDC to Merge with Golub Capital BDC 3

byBrianna Wilson
May 30, 2024
in Deal Announcements

Golub Capital BDC, a business development company, obtained stockholder approval of the proposal related to its merger with Golub Capital BDC 3 at a special meeting of the company’s stockholders on May 29, 2024. 98% of GBDC stockholders who voted at the meeting voted in favor of the proposal related to effecting the proposed merger as described in the joint proxy statement and company’s prospectus.

At a separate meeting held on May 29, 2024, over 98% of GBDC 3 stockholders who voted at the meeting voted in favor of the proposal related to effecting the proposed merger as described in the joint proxy statement and Company’s prospectus.

The merger is currently expected to close in June 2024, subject to satisfaction of customary closing conditions.

“We would like to thank our stockholders and the stockholders of GBDC 3 for their strong support of the proposed merger,” David B. Golub, CEO of GBDC, said. “We would also like to thank the independent directors of GBDC and GBDC 3 for their careful evaluation of the proposed merger on behalf of their respective stockholders. We believe the merger with GBDC 3 is a win-win-win—good for GBDC stockholders, good for GBDC 3 stockholders and good for GBDC. We look forward to delivering the powerful advantages of the combined company to our current and future stockholders.”

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