Golub Capital BDC, Inc., incorporated on November 9, 2009, is an externally managed, non-diversified, closed-end, management investment company. The Company's investment objective is to generate current income and capital appreciation by investing primarily in senior secured and one stop loans of the United States middle-market companies. It may also selectively invest in second lien and subordinated loans of, and warrants and minority equity securities in the United States middle-market companies. The Company seeks to create a portfolio that includes primarily senior secured and one stop loans by primarily investing in the securities of the United States middle-market companies. It generally invests in securities that have been rated below investment grade by independent rating agencies or that would be rated below investment grade if they were rated. The Company's investment activities are managed by its investment advisor, GC Advisors LLC (GC Advisors).
The Company primarily targets the United States middle-market companies controlled by private equity investors that require capital for growth, acquisitions, recapitalizations, refinancings and leveraged buyouts. It focuses on generating risk-adjusted net returns by assembling a portfolio of investments across a range of industries and private equity investors. The Company may also make opportunistic loans to independently owned and publicly held middle-market companies. Its one-stop loans include loans to technology companies undergoing growth. It refers to loans to these companies as late-stage lending loans.
The Company structures its one stop loans as senior secured loans, and the Company obtains security interests in the assets of the portfolio company that serve as collateral in support of the repayment of these loans. This collateral may take the form of first-priority liens on the assets of the portfolio company. It structures the second lien loans as junior, secured loans. The Company invests in various sectors, such as healthcare, education and childcare, diversified/conglomerate service, retail stores, electronics, beverage, food and tobacco, aerospace and defense, diversified conglomerate manufacturing, leisure, amusement, motion pictures, entertainment, personal, food and miscellaneous services.
666 5th Ave Fl 18
The company trades on NASDAQ exchange. The company headquarter is located in Illinois, IL.| Ticker | GBDC |
| Long Name | Golub Capital BDC, Inc. |
| Short Name | Golub Capital BDC |