Golub Capital BDC

Golub Capital BDC is a business development company that operates as an externally managed, closed-end, non-diversified management investment firm. It focuses on investing in debt and minority equity in middle-market companies, primarily those backed by private equity. The company's investment strategy emphasizes senior secured loans, one-stop loans, unitranche loans, second lien loans, subordinated loans, mezzanine loans, and warrants. Golub Capital BDC aims to generate current income and capital appreciation through these investments, which are typically rated below investment grade or would be if rated. The company's investments are primarily concentrated in the United States.