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    Home»Investments»Golub Capital BDC, Inc. Announces New $475.0 Million Senior Secured Revolving Credit Facility
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    Golub Capital BDC, Inc. Announces New $475.0 Million Senior Secured Revolving Credit Facility

    February 14, 20211 Min Read
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    Golub Capital BDC, Inc. today announced the closing of a new senior secured syndicated revolving credit facility. The Facility is led by JPMorgan Chase Bank, and includes a total of six bank participants.

    The Facility closed on February 11, 2021. Under the Facility, the lenders have agreed to extend credit to us in an initial aggregate amount of up to $475.0 million in U.S. dollars and certain agreed upon foreign currencies with an option to request, at one or more times, that existing and/or new lenders, at their election, provide up to $237.5 million of additional commitments. The Facility will mature on February 11, 2026.

    The interest rate on the borrowings under the Facility ranges from one-month LIBOR plus 1.75% to one-month LIBOR plus 1.875%. The Facility includes usual and customary representation and warranties, covenants, and events of default for senior secured facilities of this nature.

    Read more at PR Newswire

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