Golub Capital BDC, a business development company, today announced that its wholly owned subsidiary, Golub Capital BDC Funding LLC, decreased the size of its senior secured revolving credit facility with Wells Fargo Bank, N.A. from $150 million to $100 million.  "After increasing the size of our term debt securitization and after receiving our second Small Business Investment Company ("SBIC") license, we proactively decided to right-size the senior secured revolving credit facility," said Golub Capital BDC, Inc. CEO David Golub.

Golub Capital BDC, Inc. principally invests in senior secured, one stop, subordinated and second lien loans of 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.

With $8 billion of capital under management, Golub Capital is a leading provider of financing solutions for the middle market, including one stop financings (through the firm's proprietary GOLD and MEGA GOLD facilities), senior, second lien, and subordinated debt, preferred stock and co-investment equity. The firm underwrites and syndicates senior credit facilities up to $250 million. Golub Capital's hold sizes range up to $200 million per transaction.