Golub Capital may repay credit facility with stock sale proceeds

By Marisa Wong

Morgantown, W.Va., June 6 – Golub Capital BDC, Inc. said it may repay amounts outstanding under its credit facility using proceeds from an offering of common stock.

The company announced on Tuesday that it plans to make a public offering of 1.75 million shares of common stock. Proceeds may also be used for investments and general corporate purposes.

Chicago-based Golub is a provider of financing services for the middle market with additional offices in New York and Atlanta.

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