Golub Capital BDC Reports $38.6 Million Increase in Total Investments at Fair Value for Q2 2023

Golub Capital BDC, Inc.(GBDC), a business development compan y, has reported a significant increase in total investments at fair value for the second quarter of 2023. Additionally, the company has announced substantial new middle-market investment commitments during the same period.**

Golub Capital BDC, Inc. (GBDC) has released its financial results for the three months ended June 30, 2023. The company, which specializes in one-stop and senior secured loans to middle-market companies, reported an increase in total investments at fair value and disclosed the details of its new middle-market investment commitments.

During the second quarter of 2023, GBDC originated $110.7 million in new middle-market investment commitments. The majority of these commitments, approximately 99%, were in the form of one-stop loans, while 1% were senior secured loans. Equity and other securities made up less than 1% of the new commitments. Out of the total commitments, $105.9 million funded at close.

The total investments at fair value for GBDC are estimated to have increased by approximately 0.7%, or $38.6 million, during the three-month period. This increase takes into account factors such as debt repayments, sales of securities, net fundings on revolvers, and the net change in unrealized gains (losses).