Golub Capital BDC, Inc. Provides Earnings Guidance for Three Months Ended December 31, 2011
January 30, 2012 at 09:50 pm
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Golub Capital BDC, Inc. provided earnings guidance for the three months ended December 31, 2011. Net investment income is estimated to have totaled between $0.28 and $0.31 per share. Net asset value as of December 31, 2011 is estimated to be between $14.50 and $14.55 per share.
Golub Capital BDC, Inc. is an externally managed, non-diversified closed-end management investment company. The Company's investment objective is to generate current income and capital appreciation by investing primarily in one stop and other senior secured loans of United States middle-market companies. It also selectively invests in second lien and subordinated (a loan that ranks senior only to a borrowerâs equity securities and ranks junior to all of such borrowerâs other indebtedness in priority of payment) loans of, and warrants and minority equity securities in, United States middle-market companies. It also invests in various sectors, which include software, healthcare providers and services, specialty retail, automobiles, diversified consumer services, insurance, healthcare technology, information technology (IT) services, commercial services and supplies, and others. The Companyâs investment activities are managed by its investment adviser, GC Advisors LLC.