Golub Capital BDC Finalizes $500M Debt Offering with 6.250% Notes Due 2031

summarizeSummary

Golub Capital BDC finalized a $500 million offering of 6.250% Notes due 2031, securing significant capital following a challenging financial quarter.

check_boxKey Events

• $500 Million Debt Offering Finalized

  The company finalized the terms for an offering of $500,000,000 in 6.250% Notes due 2031, priced at 98.911% of the aggregate principal amount with a yield to maturity of 6.508%.

• Investment Grade Ratings Confirmed

  The notes received investment-grade ratings of BBB (stable) from Fitch, Baa2 (stable) from Moody's, and BBB- (stable) from S&P.

• Follows Recent Q2 Loss and NAV Decline

  This significant capital raise comes after the company reported a GAAP net loss of $0.18 per share and a 4.1% decline in Net Asset Value for Q2 FY2026 on May 4, 2026.

auto_awesomeAnalysis

Golub Capital BDC has finalized the terms for a substantial $500 million debt offering, issuing 6.250% Notes due 2031. This capital raise provides significant financial flexibility, especially following the company's recent report of a GAAP net loss and a decline in Net Asset Value for Q2 FY2026. The notes carry investment-grade ratings, indicating market confidence in the company's creditworthiness despite recent performance challenges.