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GBDC

Golub Capital

$18.70

0.14 (0.75%)

09:11
10/11/16
10/11
09:11
10/11/16
09:11

Golub Capital announces $179.4M in new middle-market originations in Q4

Golub Capital announced that it originated $179.4M in new middle-market investment commitments during the three months ended September 30. Approximately 85% of the new middle-market investment commitments were one stop loans, 14% were senior secured loans and 1% were equity securities. Of the new middle-market investment commitments, $176.1M funded at close. Total investments at fair value are estimated to have increased by approximately 2.0%, or $32M, during the three months ended September 30, 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 Senior Loan Fund LLC, an unconsolidated Delaware limited liability company that invests in senior secured loans and is co-managed by Golub Capital and RGA Reinsurance Company, are estimated to have decreased by approximately 7.7%, or $27.1M, after factoring in debt repayments, sales of securities, net fundings on revolvers, and net change in unrealized gains (losses).

GBDC Golub Capital
$18.70

0.14 (0.75%)

09/20/16
JANY
09/20/16
INITIATION
Target $18
JANY
Neutral
Golub Capital initiated with a Neutral at Janney Capital
Janney Capital analyst Mitchel Penn initiated Golub Capital with a Neutral rating and $18 fair value estimate.

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