Golub Capital BDC Unveils Public Offering of 1.75 Mln Shares of Common Stock

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Golub Capital BDC ( GBDC ), an externally managed, non-diversified, closed-end, management investment company, said late Monday that it plans to make a public offering of 1,750,000 shares of its common stock.

The company also plans to grant the underwriter an option to purchase up to an additional 262,500 shares of common stock.

Net proceeds from the offering will be used to invest in portfolio companies in accordance with its investment objective and strategies and for general corporate purposes.

Shares were down fractionally in the after hours session.

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This article appears in: Investing , ETFs

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