Welcome to our dedicated page for Golub Cap Bdc news (Ticker: GBDC), a resource for investors and traders seeking the latest updates and insights on Golub Cap Bdc stock.
Golub Capital BDC Inc (NYSE: GBDC) provides investors with a focused resource for tracking strategic developments at this leading middle-market lender. This page aggregates official announcements including quarterly earnings, portfolio activity, and management updates related to its $5.6 billion credit portfolio.
Market participants rely on this hub for timely access to GBDC's secured lending initiatives, one-stop financing deals, and risk management practices. Key updates include dividend declarations, balance sheet optimization strategies, and investments in U.S. mid-sized companies through senior debt instruments.
Content spans regulatory filings, investor communications, and material event disclosures – all critical for assessing the company's performance in middle-market corporate credit. Bookmark this page to monitor how GBDC navigates interest rate environments while maintaining its 8.7%+ dividend yield through disciplined underwriting.
Golub Capital BDC (GBDC) has announced several debt funding initiatives to reduce borrowing costs and enhance investment flexibility. The company completed a $2.2 billion term debt securitization and fully redeemed three existing debt securitizations totaling $1.91 billion. GBDC increased its JPM Credit Facility commitments to $1.897 billion and plans to terminate the DB Credit Facility. The 2024 Debt Securitization includes $1.192 billion of senior AAA-rated notes at SOFR plus 1.56% and $171.6 million of junior AAA-rated notes at SOFR plus 1.75%. These changes aim to reduce overall debt costs, extend debt maturity, and provide additional investment liquidity while maintaining the company's credit ratings.
Golub Capital BDC, Inc. (NASDAQ: GBDC), a business development company, has announced the schedule for releasing its fiscal year 2024 fourth quarter results. The company will report its financial results for the quarter and year ended September 30, 2024 on Tuesday, November 19, 2024 after the financial markets close.
An earnings conference call is scheduled for Wednesday, November 20, 2024 at 10:00 a.m. (Eastern Time) to discuss the quarterly financial results. Interested parties can join the call by dialing (888) 330-3529 for domestic callers or (646) 960-0656 for international callers. Participants should reference Golub Capital BDC, Inc. when prompted.
An archived replay of the call will be available until December 4, 2024 at 11:59 p.m. (Eastern Time). To access the replay, dial (800) 770-2030 for domestic callers or (609) 800-9909 for international callers, using program ID number 5111111.
Golub Capital BDC, a business development company (Nasdaq: GBDC), has announced its fiscal year 2024 third-quarter financial results, covering the period ended June 30, 2024. The company also declared a quarterly distribution of $0.39 per share and a supplemental distribution of $0.05 per share. The total investment portfolio value increased to $7.87 billion from $5.39 billion in the previous quarter. Net asset value per share rose to $15.32 from $15.12. However, net investment income per share decreased to $0.46 from $0.51, and earnings per share fell to $0.05 from $0.55. Adjusted net investment income per share was $0.48 compared to $0.51 in the prior quarter. GBDC reported net realized and unrealized losses of $0.41 per share, primarily due to the restructuring of debt and equity investments.
Golub Capital BDC (NASDAQ: GBDC) will release its fiscal Q3 2024 results on Monday, August 5, 2024, after market close. The company will host an earnings call on Tuesday, August 6, 2024, at 11:00 AM ET to discuss these results. Interested parties can join the call by dialing (888) 596-4144, and international callers can dial (646) 968-2525, referencing Golub Capital BDC. A replay will be available until August 20, 2024, via (800) 770-2030 or (609) 800-9909 for international dialers, using program ID 5111111.
Golub Capital BDC (GBDC) has completed its merger with Golub Capital BDC 3, making GBDC the fifth-largest publicly traded business development company by assets, with $8.8 billion in total assets. Shareholders of GBDC 3 received 0.9138 shares of GBDC for each of their shares. This merger is projected to increase GBDC's net asset value by 2.1% as of March 31, 2024. Additionally, GBDC declared special distributions totaling $0.15 per share, to be paid over three quarters. The incentive fee reductions from GC Advisors became permanent with the merger close.
Golub Capital BDC (Nasdaq: GBDC) announced that its stockholders approved the proposed merger with Golub Capital BDC 3 at a special meeting on May 29, 2024. The merger received overwhelming support, with 98% of GBDC and GBDC 3 stockholders voting in favor. The merger is anticipated to close in June 2024, subject to customary closing conditions. CEO David B. Golub expressed gratitude towards the stockholders and independent directors for their support and thorough evaluation. He emphasized the mutual benefits expected from the merger for all stockholders involved.
Golub Capital BDC, Inc. announced its second fiscal quarter financial results for 2024, showcasing impressive figures. With the highest-ever Adjusted Net Investment Income, the company declared a supplemental distribution of $0.06 per share on top of a $0.39 quarterly distribution. Key financial highlights include $5,394.7 million in investment portfolio value, $5,942.6 million in total assets, and a net asset value per share of $15.12. The quarter ended with net investment income per share at $0.51, a realized gain per share of $0.04, and earnings per share of $0.55.
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