Golub Capital BDC, Inc., a business development company, announced that it plans to make a public offering of 3,500,000 shares of its common stock.  The company also plans to grant the underwriters an option to purchase up to an additional 525,000 shares of common stock. Wells Fargo Securities, BofA Merrill Lynch and Morgan Stanley are acting as joint book-running managers for the offering. The co-managers are Keefe, Bruyette & Woods, a Stifel company, and Raymond James. The offering of the shares will be made under the Company's shelf registration statement, which was filed with, and declared effective by, the Securities and Exchange Commission.

The company intends to use the net proceeds from the offering to invest in portfolio companies in accordance with its investment objective and strategies and for general corporate purposes. A portion of the net proceeds from the offering is expected to be utilized to capitalize GC SBIC V, L.P., the Company's wholly owned subsidiary, following which the Company expects GC SBIC V, L.P. to issue debentures and make investments in accordance with the Company's investment strategy.  A portion of the net proceeds from the offering is also expected to be utilized to capitalize Senior Loan Fund LLC. Senior Loan Fund LLC is an unconsolidated Delaware limited liability company that invests in senior secured loans of middle-market companies and is co-managed by the Company and United Insurance Company. The Company may also use a portion of the net proceeds from the offering to repay amounts outstanding under its credit facilities.

Golub Capital BDC, Inc. invests primarily in senior secured, one stop, second lien and subordinated loans of, and warrants and minority equity securities in, middle-market companies that are, in most cases, sponsored by private equity investors. Golub Capital BDC, Inc.'s investment activities are managed by its investment adviser, GC Advisors LLC, an affiliate of the Golub Capital group of companies ("Golub Capital").

With over $8 billion of capital under management, Golub Capital is a leading provider of financing solutions for the middle market, including one-loan financings (through the firm's proprietary MiniGOLD, GOLD, and MegaGOLD facilities), senior, second lien, and subordinated debt, preferred stock and co-investment equity. The firm underwrites and syndicates senior credit facilities up to $300 million. Golub Capital's hold sizes range up to $250 million per transaction.

Golub Capital has been a top 3 Traditional Middle Market Bookrunner each year from 2008 through 2013 for senior secured loans of up to $100 million for leveraged buyouts (according to Thomson Reuters LPC and internal data; based on number of deals). In 2013, Golub Capital was awarded Finance Monthly's Global Awards 2013 "Credit Asset Manager of the Year," and DealMakers M&A Awards 2013 "Middle Market Lender of the Year." In 2012, Golub Capital was awarded ACG New York Champion's Award for "Senior Lender Firm of the Year" and the M&A Advisor award for "Lender Firm of the Year." Golub Capital is a national firm with principal offices in Chicago and New York.