Golub Capital BDC decreases senior secured revolver to $170 million

By Sarah Lizee

Olympia, Wash., Nov. 27 – Golub Capital BDC, Inc.’s wholly owned subsidiary, Golub Capital BDC Funding LLC, amended its senior secured revolving credit facility on Nov. 22 to decrease the size of the credit facility to $170 million from $225 million, according to an 8-K filing with the Securities and Exchange Commission.

Wells Fargo Bank, NA is the administrative agent, swingline lender, collateral agent, account bank and collateral custodian.

Borrowing under the facility remains subject to leverage restrictions, the filing noted.

Chicago-based Golub Capital is an externally managed, non-diversified, closed-end management investment company that focuses on lending to middle-market firms.

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