Market Exclusive

GOLUB CAPITAL BDC, INC. (NASDAQ:GBDC) Files An 8-K Entry into a Material Definitive Agreement

GOLUB CAPITAL BDC, INC. (NASDAQ:GBDC) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.

On June 21, 2019, Golub Capital BDC, Inc. (the “Company”) entered into an amended and restated revolving loan agreement (the “GC Advisors Revolver Amendment”) with GC Advisors LLC ( “GC Advisors”) as the Lender in order to amend and restate the Company’s existing unsecured revolving loan agreement with GC Advisors (the “Prior GC Advisors Revolver”). The GC Advisors Revolver Amendment was effective as of June 21, 2019.
The GC Advisors Revolver Amendment amended the Prior GC Advisors Revolver to, among other things, (a) extend the maturity date from June 22, 2019 to June 21, 2022 and (b) increase the borrowing capacity from $20 million to $40 million. The other material terms of the GC Advisors Revolver Amendment were unchanged from the Prior GC Advisors Revolver.
The description above is only a summary of the material provisions of the GC Advisors Revolver Amendment and is qualified in its entirety by reference to a copy of the GC Advisors Revolver Amendment, which is filed as Exhibit 10.1 to this current report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
GOLUB CAPITAL BDC, Inc. Exhibit
EX-10.1 2 gbdc-gcadvisors_arrevolvin.htm EXHIBIT 10.1 Exhibit AMENDED AND RESTATED REVOLVING LOAN AGREEMENTDated as of June 21,…
To view the full exhibit click here

About GOLUB CAPITAL BDC, INC. (NASDAQ:GBDC)

Golub Capital BDC, Inc. 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).

Exit mobile version