Golub Capital BDC LLC is an externally managed, closed-end, non-diversified management investment company that will elect to be treated as a business development company under the Investment Company Act of 1940. The Company will operate as a publicly traded investment fund managed by an affiliate of Golub Capital, a top-ranked lender to middle market companies. The Company, which held $376 million in investments as of September 30, 2009, will invest primarily in mezzanine, one-stop, second lien and senior secured loans, as well as warrants and minority equity securities, in U.S. middle-market companies.