Welcome to our dedicated page for Golub Capital BDC news (Ticker: GBDC), a resource for investors and traders seeking the latest updates and insights on Golub Capital BDC stock.
Golub Capital BDC, Inc. (Nasdaq: GBDC) is a business development company that operates as an externally managed closed-end non-diversified management investment company. Founded with the purpose of providing financing solutions to middle-market companies in the United States, GBDC primarily focuses on debt and minority equity investments. The company specifically seeks out opportunities in senior secured, one-stop, unitranche, second lien, subordinated, and mezzanine loans, as well as warrants.
Collaborating closely with private equity sponsors, Golub Capital BDC aims to generate current income and capital appreciation for its investors. The company’s investment strategy involves engaging with firms that are generally rated below investment grade by independent rating agencies, providing a potentially higher yield in exchange for increased risk.
GBDC's portfolio is diversified across sectors, benefiting from strong partnerships and an experienced management team. The company's recent achievements include continuous portfolio growth and successful financing rounds, underscoring its commitment to delivering value to shareholders.
Stay updated with the latest news and developments on Golub Capital BDC, Inc. for insights into their performance, upcoming projects, and significant milestones.
Rhea-AI Summary
Golub Capital BDC, Inc. (GBDC) will release its Q1 2024 financial results on May 6, 2024, followed by an earnings conference call on May 7, 2024. Interested parties can join the call to discuss the quarterly performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
Tags
-
Rhea-AI Summary
Golub Capital BDC, Inc. announced its financial results for the first fiscal quarter ended December 31, 2023, with a supplemental distribution of $0.07 per share in addition to the previously declared $0.39 per share quarterly distribution. Net asset value per share increased to $15.03 from $15.02. The company reported Adjusted Net Investment Income of $0.50 per share and Adjusted Realized and Unrealized Gain/(Loss) of ($0.05) per share for the quarter ended December 31, 2023. Additionally, the company declared a quarterly distribution of $0.39 per share, payable on March 29, 2024, and a supplemental distribution of $0.07 per share, payable on March 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.37%
Tags
-
Rhea-AI Summary
Golub Capital BDC, Inc. announced a $600 million public offering of 6.000% notes due 2029, with plans to use the net proceeds to repay outstanding debt and invest in portfolio companies. The offering is expected to close on February 1, 2024, and the company's joint book-running managers include Wells Fargo Securities, J.P. Morgan Securities, and Goldman Sachs & Co. LLC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.06%
Tags
Rhea-AI Summary
Golub Capital BDC, Inc. announced estimated financial results for the first fiscal quarter ended December 31, 2023. The company increased its base quarterly distribution to $0.39 per share from $0.37 per share and reduced income and capital gain incentive fee rates from 20.0% to 15.0%. The estimated ranges for net investment income per share, net realized/unrealized gain/(loss) per share, and adjusted earnings/(loss) per share were also provided. The company originated $58.6 million in new middle-market investment commitments during the quarter. The company's GAAP debt-to-equity ratio decreased to 1.21x as of December 31, 2023. The company's board of directors increased the quarterly base distribution by over 5% and declared a quarterly distribution of $0.39 per share, payable on March 29, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.86%
Tags
-
Rhea-AI Summary
Golub Capital BDC, Inc. announced a merger agreement with Golub Capital BDC 3, Inc. to create a company with $8.5 billion in total assets and investments in over 340 portfolio companies. The proposed merger is expected to increase the scale and liquidity of GBDC, maintain a consistent investment strategy, improve fee structure, and provide wider access to debt capital. The merger is expected to be accretive to net investment income per share and will result in increased quarterly base distribution and additional special distributions for stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.86%
Tags
-
Rhea-AI Summary
Golub Capital BDC, Inc. (NASDAQ: GBDC) will report its financial results for the quarter ended December 31, 2023 on February 5, 2024, and host an earnings conference call on February 6, 2024. Interested parties can participate in the conference call to discuss quarterly financial results by dialing (888) 330-3529. An archived replay of the call will be available until February 20, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags
Rhea-AI Summary
Golub Capital BDC, Inc. (GBDC) announces a $450 million public offering of 7.050% notes due 2028, with a group of underwriters. The net proceeds will be used to repay outstanding indebtedness and for general corporate purposes, including investing in portfolio companies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.34%
Tags
-
Rhea-AI Summary
Golub Capital BDC, Inc. (Nasdaq: GBDC) Declares Quarterly Distribution of $0.37 Per Share and Fiscal Year 2023 Fourth Quarter Supplemental Distribution of $0.07 Per Share. The company announced its financial results for the fourth fiscal quarter ended September 30, 2023, highlighting net investment income, net asset value per share, and distributions paid per share. It also provided non-GAAP financial measures to exclude the financial impact of the purchase premium write-down, and the accrual of the capital gain incentive fee under GAAP.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
Tags
-
News
Rhea-AI Summary
Golub Capital BDC announces highest-ever Adjusted Net Investment Income per share and reduced management fee rate for Q4 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
Tags
Rhea-AI Summary
Middle market private companies in the Golub Capital Altman Index show strong earnings and revenue growth in Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
Tags
FAQ
What is the current stock price of Golub Capital BDC (GBDC)?
The current stock price of Golub Capital BDC (GBDC) is $15.08 as of December 20, 2024.
What is the market cap of Golub Capital BDC (GBDC)?
The market cap of Golub Capital BDC (GBDC) is approximately 3.9B.
What does Golub Capital BDC, Inc. do?
Golub Capital BDC, Inc. is a business development company that focuses on providing debt and minority equity investments to middle-market companies in the United States.
What types of investments does GBDC make?
GBDC primarily invests in senior secured, one-stop, unitranche, second lien, subordinated, and mezzanine loans, as well as warrants.
What is the investment objective of Golub Capital BDC?
The investment objective of GBDC is to generate current income and capital appreciation by investing in senior secured and one-stop loans in US middle-market companies.
How does GBDC select its investments?
GBDC generally seeks investments in securities rated below investment grade by independent rating agencies or that would be rated below investment grade if they were rated.
Who manages Golub Capital BDC, Inc.?
GBDC is externally managed by an experienced team skilled in middle-market investments and private equity partnerships.
What sectors does GBDC invest in?
GBDC's portfolio is diversified across various sectors, although specific sector allocations are not publicly detailed.
Where can I find the latest news about GBDC?
The latest news and updates about GBDC can be found on financial news websites, stock market platforms like StockTitan, and the company's official press releases.
What are the recent achievements of GBDC?
Recent achievements include continuous portfolio growth and successful financing rounds, demonstrating GBDC's commitment to delivering value to its shareholders.
Is GBDC's stock publicly traded?
Yes, Golub Capital BDC, Inc.'s stock is publicly traded under the symbol GBDC on the Nasdaq.
How does GBDC generate returns for its investors?
GBDC generates returns through current income from interest and dividends on its investments, and potential capital appreciation from the increase in value of its investment portfolio.
Golub Capital BDC, Inc.
Nasdaq:GBDC
GBDC Rankings
GBDC Stock Data
3.92B
245.34M
1.76%
39.25%
0.91%
Asset Management
Financial Services
United States of America
NEW YORK