SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: January 14, 2013
(Date of earliest event reported)
Golub Capital BDC, Inc.
(Exact name of registrant as specified in
(State or other jurisdiction
(Commission File Number)
150 South Wacker Drive, Suite
(Address of principal executive
(Registrant's telephone number, including
(Former Name or Former Address, if
changed since last report)
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.02. Results of Operations and Financial Condition
Set forth below are certain preliminary estimates of our financial condition and results of operations for the three months ended
December 31, 2012. These estimates are subject to the completion of our financial closing procedures and are not a comprehensive
statement of our financial results for the three months ended December 31, 2012. We advise you that our actual results may differ
materially from these estimates as a result of the completion of our financial closing procedures, final adjustments and other
developments arising between now and the time that our financial results for the three months ended December 31, 2012 are finalized.
Net investment income is estimated to have totaled between $0.33
and $0.35 per share for the three months ended December 31, 2012. Net income is estimated to have totaled between $0.32 and $0.34
per share for the three months ended December 31, 2012.
Net asset value as of December 31, 2012 is estimated to be between
$14.64 and $14.67 per share.
We originated $258.7 million in new middle market investment
commitments during the three months ended December 31, 2012. Approximately 15.0% of the new investment commitments were second
lien loans, 52.4% were one stop loans, 31.2% were senior secured loans and 1.4% were equity securities. Of the new investment commitments,
$221.6 million funded at close. Overall, total investments in portfolio companies at fair value increased by approximately $95.4
million during the three months ended December 31, 2012 after factoring in debt repayments and sales of securities. Our net borrowings
for the three months ended December 31, 2012 increased by $48.2 million, and we had total asset sales of $14.0 million for a gain
of $0.1 million during the same period.
We intend to announce final results of operations for the three
months ended December 31, 2012 on February 7, 2013 before the open of the financial markets. We will host an earnings conference
call on Thursday, February 7, 2013 to discuss the quarterly financial results.
The preliminary financial data included herein have been prepared
by, and is the responsibility of, management. McGladrey LLP, our independent registered public accounting firm, has not audited,
reviewed, compiled or performed any procedures with respect to these preliminary estimates. Accordingly, McGladrey LLP does not
express an opinion or any other form of assurance with respect thereto.
Item 7.01. Regulation FD Disclosure
On January 14, 2013, we issued a press release announcing our plans for a public offering. A copy of the press release is furnished
as Exhibit 99.1 to this report pursuant to Item 7.01 and Regulation FD.
The information in this report on Form 8-K, including Exhibit 99.1 furnished herewith, is being furnished and shall not be deemed
"filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"),
or otherwise subject to the liabilities of such section. The information in this report on Form 8-K shall not be incorporated by
reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, or the Exchange
Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits
(a) Financial statements:
(b) Pro forma financial information:
(c) Shell company transactions:
99.1 Press Release of Golub Capital BDC, Inc. dated January 14,
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|Dated: January 14, 2013
||GOLUB CAPITAL BDC, INC.|
||/s/ Ross A. Teune|
||Ross A. Teune|
Chief Financial Officer & Treasurer
||Press Release of Golub Capital BDC, Inc. dated|
January 14, 2013