Welcome to our dedicated page for GOLUB CAPITAL BDC SEC filings (Ticker: GBDC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Golub Capital BDC, Inc. filings document the formal disclosures of a Delaware business development company with an externally managed, non-diversified closed-end investment structure. Recent 8-K reports furnish quarterly earnings releases and earnings presentations that describe financial results, NAV per share, net investment income, portfolio fair value, distributions, and related non-GAAP measures.
The filing record also includes stockholder meeting results, including director elections and auditor ratification, along with exhibit filings and Inline XBRL cover-page data. These disclosures frame GBDC's BDC status, adviser relationship with GC Advisors LLC, common-stock governance, and recurring reporting on its middle-market loan portfolio.
Golub Capital BDC is offering for sale $500,000,000 aggregate principal amount of 6.250% Notes due 2031. The Notes mature on June 1, 2031, pay interest semi-annually on June 1 and December 1 beginning December 1, 2026, and are callable prior to the Par Call Date at a Treasury-based make-whole price. Net proceeds are expected to be used to repay a portion of the outstanding indebtedness under the JPM Credit Facility.
Golub Capital BDC is offering a series of unsecured fixed‑rate notes (stated interest rate and aggregate principal amount not filled in this excerpt) to mature on a specified date. The Notes pay interest semi‑annually, are issued in $2,000 denominations, and rank pari passu with the company’s other unsecured senior indebtedness.
The Notes include an issuer optional redemption (including a pre‑Par Call price formula), a repurchase right for holders upon a Change of Control Repurchase Event, and customary events of default and defeasance provisions. Net proceeds are intended to repay a portion of borrowings under the JPM Credit Facility. As of May 15, 2026, total debt outstanding was approximately $4.6 billion (including $2.4 billion unsecured senior, $1.4 billion subsidiary secured and $855.8 million secured by company assets).
Golub Capital BDC, Inc. reported weaker results for its FY 2026 second quarter ended March 31, 2026. Net investment income was $85.5 million, or $0.33 per share, with adjusted net investment income of $0.34 per share and an annualized adjusted NII return on equity of 9.5%.
Net income turned to a loss of $0.18 per share, driven by $0.51 per share of net unrealized losses from market-driven credit spread widening, mainly in its highest-rated portfolio companies. Net asset value declined to $14.35 per share from $14.84, while the investment portfolio fell to $8.3 billion at fair value.
Credit quality remained relatively strong, with about 89% of investments at fair value rated 4 or 5 internally and non-accruals at 1.4% of total investments at fair value (2.3% at cost). The company maintained a GAAP debt-to-equity (net) ratio of 1.24x, total liquidity of $1.4 billion, and declared a $0.33 per share quarterly base distribution for FY 2026 Q3. It also repurchased 2.2 million shares for $27.8 million at a discount to NAV.
Golub Capital BDC, Inc. reported a GAAP net loss of $46.8 million, or $0.18 per share, for its second fiscal quarter ended March 31, 2026, driven mainly by unrealized depreciation from spread widening and some underperforming loans. Net investment income was $85.5 million, or $0.33 per share, with Adjusted Net Investment Income at $88.1 million, or $0.34 per share, down from $0.38 in the prior quarter.
Net realized and unrealized loss was $132.3 million, or $0.51 per share, and NAV per share declined from $14.84 to $14.35 as investment portfolio fair value fell to $8,317.2 million. The board declared a quarterly distribution of $0.33 per share, payable June 29, 2026. The company repurchased about 2.24 million shares for $27.8 million in the quarter and a further 0.7 million shares for $8.4 million afterward. As of March 31, 2026, debt was $4,723.9 million, GAAP leverage was 1.27x, and GAAP debt-to-equity, net, was 1.24x, with over $1.0 billion of unused JPMorgan revolver capacity plus $300.0 million on an unsecured line with GC Advisors.
Golub Capital BDC, Inc. is informing investors that it will release financial results for the quarter ended March 31, 2026 on Monday, May 4, 2026 after the market close. The company will host an earnings conference call at 11:00 a.m. Eastern Time on Tuesday, May 5, 2026 to discuss these results.
The call is accessible via domestic and international dial-in numbers with conference ID 8711124, and a replay will be available through May 12, 2026. The filing also reiterates that Golub Capital BDC is an externally managed business development company focused on senior secured loans to middle market companies.
Golub Capital BDC, Inc. reported the results of its annual stockholder meeting held on February 2, 2026. Stockholders were entitled to vote 263,467,541 shares of common stock as of the record date of December 5, 2025.
Stockholders elected two Class I directors to serve until the 2029 annual meeting. David B. Golub received 74,678,734 votes for, 19,492,055 against, and 475,775 abstentions, while Anita J. Rival received 63,198,329 votes for, 30,955,348 against, and 492,887 abstentions, with 77,799,250 broker non-votes for each.
Stockholders also ratified Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending September 30, 2026, with 169,814,035 votes for, 595,722 against, and 2,036,057 abstentions.
Golub Capital BDC, Inc. is holding a conference call on February 5, 2026 to discuss its financial results for the first fiscal quarter ended December 31, 2025. In support of this call, the company has posted a first quarter 2026 earnings presentation on its website and furnished it as Exhibit 99.1 to this report. The information in the earnings presentation and this current report is being furnished rather than filed under the Exchange Act, which limits how it is incorporated into other securities law filings.
Golub Capital BDC, Inc. filed a current report to note that it issued a press release with its financial results for the first fiscal quarter ended December 31, 2025. The company furnished this press release as Exhibit 99.1 to the report and clarified that the information is being furnished, not filed, under securities law.