Though most of the $97.1 million that Golub Capital BDC invested in mid-market credit last quarter were senior secured loans, the firm plans to hop back on the ‘one-stop’ loan wagon going forward.
“Due to a few larger traditional senior secured investments this quarter, senior secured investments represented the majority or our new investments, but in future quarters we anticipate that the majority of the originations asset mix was going to shift back to one stops,” David Golub, chief executive officer, said on Friday’s earnings call.
