Golub Capital BDC intends to sell additional 2.5% notes due 2026

Chicago, Oct. 7 – Golub Capital BDC, Inc. intends to sell additional notes that will be a further issue of the company’s $400 million of 2.5% notes due 2026 that were issued on Feb. 24, according to a 424B5 filing with the Securities and Exchange Commission.

The notes have a make-whole call of Treasuries plus 30 basis points before July 24, 2026, and then a par call.

J.P. Morgan Securities LLC and SMBC Nikko Securities America, Inc. are underwriting the add-on.

U.S. Bank NA is the trustee.

Eversheds Sutherland (US) LLP is counsel for the issuer. Proskauer Rose LLP is working as counsel for the underwriters.

Proceeds will primarily be used to repay debt, including amounts under the JPM credit facility – amounts that may be reborrowed for general corporate purposes.

Golub is an externally managed, closed-end, non-diversified management investment company based in New York.

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