Golub Capital BDC, Inc., a business development company, today announced that it originated $116.1 million in new middle-market investment commitments during the three months ended March 31, 2019. Approximately 90% of the new middle-market investment commitments were one stop loans, 8% were senior secured loans and approximately 2% were equity securities. Of the new middle-market investment commitments, $111.4 million funded at close.
Total investments at fair value are estimated to have increased by approximately 1.9%, or $36.5 million, during the three months ended March 31, 2019 after factoring in debt repayments, sales of securities, net fundings on revolvers and net change in unrealized gains (losses). Total investments at fair value held by SLF are estimated to have decreased by approximately 2.8%, or $5.0 million, during the three months ended March 31, 2019 after factoring in debt repayments, sales of securities, net fundings on revolvers and net change in unrealized gains (losses).