Brief: Golub Capital BDC Transaction Expected To Be Accretive To GBDC's Net Investment Income Per Share

Golub Capital BDC

17/01/2024 13:49

Jan 17 (Reuters) - Golub Capital Bdc Inc  GBDC.O :
    * GOLUB CAPITAL BDC, INC. ANNOUNCES MERGER AGREEMENT WITH
GOLUB
CAPITAL BDC 3, INC.
    * GOLUB CAPITAL BDC INC - UNDER TERMS OF PROPOSED MERGER,
STOCKHOLDERS OF GBDC 3 WILL RECEIVE NEWLY ISSUED SHARES OF GBDC
FOR EACH SHARE OF GBDC 3
    * GOLUB CAPITAL BDC INC - TRANSACTION IS EXPECTED TO BE
IMMEDIATELY ACCRETIVE TO GBDC'S NET INVESTMENT INCOME PER SHARE
    * GOLUB CAPITAL BDC INC - BOARDS OF DIRECTORS OF BOTH GBDC
AND
GBDC 3 HAVE APPROVED TRANSACTION
    * GOLUB CAPITAL BDC INC - COMBINED COMPANY WILL CONTINUE TO
TRADE
UNDER TICKER GBDC ON NASDAQ GLOBAL SELECT MARKET
    * GOLUB CAPITAL BDC - COMBINED CO WILL REMAIN EXTERNALLY
MANAGED
BY GC ADVISORS, ALL CURRENT GBDC OFFICERS & DIRECTORS WILL
REMAIN IN CURRENT ROLES
    * GOLUB CAPITAL BDC INC - INTENTION TO DECLARE ADDITIONAL
SPECIAL
DISTRIBUTIONS TOTALING $0.15 PER SHARE
    * GOLUB CAPITAL BDC INC - TRANSACTION ALSO IS EXPECTED TO
DELIVER
OPERATIONAL SYNERGIES BY ELIMINATING REDUNDANT EXPENSES

Source text for Eikon:  ID:nBwccjNd7a 
Further company coverage:  GBDC.O 

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