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Golub Capital BDC, Inc. - GBDC STOCK NEWS

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.

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Golub Capital BDC, Inc. (GBDC) reported originating $157.4 million in new middle-market investment commitments for the quarter ending March 31, 2023. This comprises 98% one-stop loans and 2% equity and other securities, with $135.1 million funded at close. Total investments at fair value saw a slight increase of 0.6%, or $34.4 million, factoring in debt repayments and unrealized gains/losses during the same period. GBDC continues to focus on senior secured loans primarily for middle-market companies.

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Golub Capital BDC, Inc. (NASDAQ: GBDC) is set to report its financial results for the quarter ending March 31, 2023, on May 8, 2023, after market close. An earnings conference call will follow on May 9, 2023, at 11:00 a.m. Eastern Time, where stakeholders can discuss the quarterly results. Interested participants can join the call by dialing designated numbers within the specified time. Golub Capital BDC specializes in senior secured loans to middle-market companies, predominantly backed by private equity sponsors. The firm manages over $60 billion in capital and employs more than 775 professionals across major financial hubs. This press release also includes forward-looking statements regarding future performance, emphasizing the uncertainties that may affect actual outcomes.

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Golub Capital BDC, Inc. (NASDAQ: GBDC) released a letter detailing its assessment of risk exposures following the recent failures of Silicon Valley Bank and Signature Bank. The company stated that it and its investment adviser maintain a robust capital and liquidity position. Golub Capital found no material problems or risks related to the bank failures at this time. This communication aims to reassure investors about the stability of GBDC amid ongoing financial uncertainties.

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Golub Capital BDC, Inc. (Nasdaq: GBDC) reported its financial results for the first fiscal quarter ending December 31, 2022. The company demonstrated a net investment income of $61.7 million, or $0.36 per share, a rise from $54.0 million or $0.32 per share quarter-over-quarter. Adjusted net investment income was $63.8 million, marking an increase from the previous quarter. However, the net asset value per share decreased to $14.71 from $14.89. The company declared a quarterly distribution of $0.33 per share. Despite a total investment portfolio valued at $5.45 billion, net realized and unrealized losses were recorded at $(36.3) million due to market conditions.

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Golub Capital BDC, Inc. (GBDC) announced $247.0 million in new middle-market investment commitments for the three months ended December 31, 2022. Of these, $216.5 million was funded at close, with 93% as one stop loans, 3% as senior secured loans, and 4% in equity and other securities. Total investments at fair value increased by 0.1%, or $5.6 million, factoring in debt repayments and market fluctuations. GBDC continues to focus on providing financing to middle-market companies supported by private equity.

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Golub Capital BDC, Inc. (NASDAQ: GBDC) announced that it will report its financial results for the quarter ended December 31, 2022, on February 8, 2023, post-market closing. A conference call to discuss these results will occur on February 9, 2023, at 1:00 p.m. ET. Interested parties can access the call by dialing the provided numbers. Golub Capital specializes in managing investments in senior secured loans to middle-market companies, with over $55 billion in capital under management as of October 1, 2022.

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On October 11, 2022, Golub Capital BDC, Inc. (GBDC) reported $176.7 million in new middle-market investment commitments for the quarter ending September 30, 2022. Of this amount, $139.4 million was funded at close, with 91% as one stop loans. However, total investments at fair value decreased by approximately 3.0%, or $167.2 million, influenced by debt repayments and unrealized losses. GBDC focuses on financing middle-market companies, primarily through senior secured loans, and is externally managed by GC Advisors LLC.

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Golub Capital BDC, Inc. (NASDAQ: GBDC) announced it will report its financial results for the quarter and year ended September 30, 2022, on November 21, 2022, after market close. An earnings conference call is scheduled for November 22, 2022, at 1:00 PM ET. Interested participants can join by calling specific numbers provided in the release. Golub Capital BDC primarily invests in senior secured loans to middle market companies, managed by GC Advisors LLC. The company operates globally with over $55 billion in capital under management as of July 1, 2022.

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Golub Capital BDC, Inc. (GBDC) announced the rescheduling of its fiscal year 2022 third quarter earnings conference call to 10:00 a.m. ET on August 11, 2022. The change accommodates a family obligation of the CEO. Interested parties can join by dialing (888) 330-3529 for domestic calls or (646) 960-0656 for international calls. An archived replay will be available until 11:59 p.m. ET on August 25, 2022.

As a business development company, GBDC focuses on senior secured loans to middle market firms, enhancing its investment capacity through partnerships with private equity sponsors.

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Golub Capital BDC reported its third fiscal quarter results for the period ending June 30, 2022, highlighting a net investment income per share of $0.32, up from $0.25 in the previous quarter. However, net earnings per share dropped to $0.09 from $0.39. The net asset value per share decreased to $15.14 from $15.35. Despite an increase in total assets to $5.77 billion, the company faced a $38 million net realized and unrealized loss, reflective of market challenges. Quarterly distributions remained stable at $0.30 per share.

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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
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United States of America
NEW YORK