Item 1.01 - Entry into a Material Definitive Agreement.

On November 19, 2021, Golub Capital BDC, Inc. (the "Company") entered into an amendment (the "JPM Credit Facility Amendment") to that certain Senior Secured Revolving Credit Agreement, dated as of February 11, 2021, by and among, Golub Capital BDC, Inc., as borrower, JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, and the lenders, syndication agents, joint bookrunners, and joint lead arrangers party thereto (as amended and supplemented by the JPM Credit Facility Amendment, the "JPM Credit Facility"). The JPM Credit Facility Amendment was effective as of November 19, 2021.

The JPM Credit Facility Amendment amended the JPM Credit Facility to, among other things, (x) increase the accordion feature, which allows the Company, under certain circumstances, to increase the total size of the facility, to a total facility size of $1.5 billion from $712.5 million, and (y) replace the LIBOR benchmark and interest rate for loans denominated in Pounds Sterling and Swiss Francs. Upon effectiveness of the JPM Credit Facility Amendment, borrowings under the JPM Credit Facility remain subject to compliance with a borrowing base test. In connection with the JPM Credit Facility Amendment, interest under the JPM Credit Facility for loans denominated in Pounds Sterling or Swiss Francs, (A) if the value of the gross borrowing base is equal to or greater than 1.60 times the aggregate amount of certain outstanding indebtedness of the Company, or the "Combined Debt Amount," is payable at a rate equal to one month SONIA plus 1.7826% per annum or one month SARON plus 1.6929% per annum, respectively and, (B) if the value of the gross borrowing base is less than 1.60 times the Combined Debt Amount, is payable at a rate equal to one month SONIA plus 1.9076% per annum or one month SARON plus 1.8179% per annum, respectively.

On November 23, 2021, the Company entered into an agreement with First National Bank of Pennsylvania, JPMorgan Chase Bank, N.A., MUFG Union Bank, N.A., CIBC Bank USA, and Sumitomo Mitsui Banking Corporation (the "Commitment Increase Agreement"), pursuant to which, through the accordion feature in the JPM Credit Facility, the aggregate commitments under the JPM Credit Facility increased from $687.5 million to $1,037.5 million. The accordion feature in the JPM Credit Facility allows the Company, under certain circumstances, to increase the total size of the facility to a maximum of $1.5 billion.

The foregoing descriptions are only a summary of the material provisions of each of the JPM Credit Facility Amendment and the Commitment Increase Agreement and are qualified in their entirety by reference to copies of the JPM Credit Facility Amendment and Commitment Increase Agreement, respectively, which are filed as Exhibit 10.1 and Exhibit 10.2 to this Current Report on Form 8-K and incorporated by reference herein.

Item 2.03 - Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth under Item 1.01 above is incorporated by reference into this Item 2.03.

Item 9.01 - Financial Statements and Exhibits.





(d) Exhibits:



Exhibit Number   Description

  10.1             Amendment No. 1, dated as of November 19, 2021, to Senior Secured
                 Revolving Credit Agreement, dated as of February 11, 2021, by and
                 among, Golub Capital BDC, Inc., as borrower, JPMorgan Chase Bank,
                 N.A., as administrative agent and as collateral agent, and the
                 lenders, syndication agents, joint bookrunners, and joint lead
                 arrangers party thereto

  10.2             Commitment Increase Agreement, dated as of November 23, 2021, by
                 First National Bank of Pennsylvania, as Assuming Lender, JPMorgan
                 Chase Bank, N.A., MUFG Union Bank, N.A., CIBC Bank USA, and Sumitomo
                 Mitsui Banking Corporation, each as an Increasing Lender, in favor
                 of Golub Capital BDC, Inc., as borrower, and JPMorgan Chase Bank,
                 N.A., as administrative agent under the Senior Secured Revolving
                 Credit Facility, dated as of February 11, 2021, as amended, among
                 Golub Capital BDC, Inc., as borrower, JPMorgan Chase Bank, N.A., as
                 administrative agent and as collateral agent, and the lenders,
                 syndication agents, joint bookrunners, and joint lead arrangers
                 party thereto.

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