Golub Capital BDC Declares Special Distributions Totaling $0.15 Per Share After Closing Merger With Golub Capital BDC 3
Portfolio Pulse from Benzinga Newsdesk
Golub Capital BDC, Inc. (NASDAQ:GBDC) has completed its merger with Golub Capital BDC 3, Inc., making it the fifth-largest externally managed, publicly traded business development company by assets. The company announced special distributions totaling $0.15 per share, to be paid in three quarterly installments.
June 03, 2024 | 1:12 pm
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Golub Capital BDC has completed its merger with Golub Capital BDC 3, making it the fifth-largest externally managed, publicly traded business development company by assets. The company also announced special distributions totaling $0.15 per share.
The completion of the merger and the announcement of special distributions are positive developments for GBDC. The merger increases the company's asset base, making it the fifth-largest in its category, which could attract more investors. The special distributions provide immediate financial benefits to shareholders, likely boosting investor sentiment.
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