Golub Capital BDC, Inc. ("GBDC" or the "Company") announced that the Company's Board of Directors has appointed Mr. Christopher C. Ericson to succeed Mr. Ross A. Teune and serve as Chief Financial Officer and Treasurer of the Company, effective September 13, 2021. Mr. Teune's departure is not the result of any dispute or disagreement with the Company. Mr. Teune has agreed to continue as an advisor to the Company through October 29, 2021 to facilitate an orderly and amicable transition.
Golub Capital BDC, Inc. is an externally managed, closed-end, non-diversified management investment company. The Company's investment objective is to generate current income and capital appreciation by investing primarily in senior secured and one-stop loans of United States middle-market companies. It makes investments primarily in a loan that combines characteristics of traditional first- lien senior secured loans and second lien or subordinated loans and that are often referred to by other middle market lenders as unitranche loans and other senior secured loans of United States middle-market companies. The Company also selectively invests in second lien and subordinated (a loan that ranks senior only to a borrower's equity securities and ranks junior to all of such borrower's other indebtedness in priority of payment) loans of, and warrants and minority equity securities in, middle-market companies. The Company's investment adviser is GC Advisors LLC.