secwatch.observer — SEC 8-K summary
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Issuer:     GOLUB CAPITAL BDC, Inc. (GBDC)
CIK:        0001476765
Form:       8-K
Filed at:   2024-06-03T23:59:59+00:00
Accession:  0001104659-24-067549
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 1.02, 2.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Golub Capital BDC closes merger with GBDC 3, issues special distributions totaling $0.15/share
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- GBDC issued 0.9138 shares per GBDC 3 share; transaction estimated 2.1% accretive to GBDC NAV as of March 31, 2024.
- GBDC pro forma total assets $8.8B, investments in 367 portfolio companies; fifth-largest externally managed BDC by assets.
- Investment adviser GC Advisors permanently cut incentive fee rate from 20% to 15%; cumulative cap and 8% hurdle remain.
- Board declared special distributions totaling $0.15 per share in three quarterly $0.05 payments starting June 27, 2024.
- GBDC stock closed at $16.57 on May 31, 2024; GBDC 3 NAV per share estimated at $14.70 as of that date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476765/000110465924067549/0001104659-24-067549-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476765/000110465924067549/tm2416178d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-067549

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