Golub Capital BDC, Inc.  announced that RGA Reinsurance Company ("RGA") has reached an agreement with United Insurance Company of America ("United Insurance") pursuant to which United Insurance has transferred its interest in Senior Loan Fund LLC ("SLF") to RGA.  SLF is a joint venture through which GBDC and its partner co-invest in first lien senior secured loans through an unconsolidated Delaware limited liability company.  Reinsurance Group of America, Incorporated, the parent of RGA, is a leading global life reinsurer with over $40 billion in assets as of June 30, 2014 .

"We are excited about both our new partnership with RGA and the prospects for SLF going forward," said David Golub , Chief Executive Officer of Golub Capital BDC, Inc.  "We want to thank United Insurance for their involvement with SLF and wish them well."

"We are very pleased to be partnering with Golub Capital, a market leader in middle market lending with an outstanding 20-year track record," said Brian Butchko, Vice President and Director of U.S. Portfolio Management at RGA.

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.

With over $10 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 $200 million per transaction.