8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): April 28, 2010

GOLUB CAPITAL BDC, INC.

(Exact name of Registrant as Specified in Its Charter)

DELAWARE	333-163279	27-2326940
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

150 SOUTH WACKER DRIVE, SUITE 800, CHICAGO, IL	60606
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code: (312) 205-5050

_______________________________

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 28, 2010, the Board of Directors of Golub Capital BDC, Inc. increased the size of the Board of Directors from five to six and elected John T. Baily to the newly created vacancy.  Mr. Baily currently serves as a member of the board of directors of each of RLI Corp. (NYSE), Endurance Specialty Holdings, Ltd. (NYSE) and NYMagic, Inc. (NYSE).  He was elected to serve as a director to these companies in 2003. From 1999 until his retirement in 2002, Mr. Baily was the President of Swiss Re Capital Partners.  Prior to joining Swiss Re Capital Partners, Mr. Baily was a partner at PricewaterhouseCoopers LLP and its predecessor, Coopers & Lybrand, where he worked from 1965 until 1999.  Mr. Baily was the National Insurance Chairman of Coopers & Lybrand from 1986 until 1998 and a member of Coopers & Lybrand’s International Insurance Industry Committee from 1984 until 1998.  He is also the chairman of the Board of Trustees of Albright College and has served as chairman since his election to that position in 2007.  Mr. Baily graduated cum laude from Albright College in 1965, received his CPA with honors in 1968 and received his M.B.A. from the University of Chicago in 1979.

Item 7.01. Regulation FD Disclosure.

On May 4, 2010, Golub Capital BDC, Inc. issued a press release (the “Press Release”) announcing the election of John T. Baily to its Board of Directors.  A copy of the Press Release is attached hereto as Exhibit 99.1.  The information in this Current Report on Form 8-K being provided under this Item 7.01, including Exhibit 99.1 furnished herewith, is being furnished and shall not be deemed “filed” for any purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such Section.  The information in this current report on Form 8-K shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press release of Golub Capital BDC, Inc., dated as of May 4, 2010

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, Golub Capital BDC, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	GOLUB CAPITAL BDC, INC.
Date:  May 4, 2010	By:	/s/ Sean K. Coleman
	Name:	Sean K. Coleman
	Title:	Chief Financial Officer

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EX-99.1

FOR IMMEDIATE RELEASE:

Golub Capital BDC, Inc. Elects Accounting and Financial Services Veteran John T. Baily

To Its Board of Directors

Former President of Swiss Re Capital Partners Joins Board of Recently Launched BDC

NEW YORK, NY, [May 4, 2010] – Golub Capital BDC, Inc., a business development company that is publicly traded on the Nasdaq Global Select Market (NASDAQ: GBDC), today announced the election of John T. Baily to its board of directors.

Mr. Baily joins Golub Capital BDC, Inc.’s board of directors with over three decades of experience in the accounting industry and a substantial background in insurance industry matters.  Mr. Baily currently serves as a member of the board of directors of RLI Corp. (NYSE), Endurance Specialty Holdings, Ltd. (NYSE) and NYMagic, Inc. (NYSE).  He was elected to serve as a director to these companies in 2003.  From 1999 until his retirement in 2002, Mr. Baily was the President of Swiss Re Capital Partners.  Prior to joining Swiss Re Capital Partners, Mr. Baily was a partner at PricewaterhouseCoopers LLP and its predecessor, Coopers & Lybrand, where he worked from 1965 until 1999.  Mr. Baily was the National Insurance Industry Chairman of Coopers & Lybrand from 1986 until 1998 and a member of Coopers & Lybrand’s International Insurance Industry Committee from 1984 until 1998.  He is also the chairman of the Board of Trustees of Albright College and has served as chairman since his election to that position in 2007.

“We are pleased to add John to our Board of Directors," said David B. Golub, chief executive officer of Golub Capital BDC, Inc.  “His accounting expertise and years of experience in the financial services industry will expand the breadth of our Board and be very valuable in guiding Golub Capital BDC in the years ahead.”

About Golub Capital BDC, Inc.

Golub Capital BDC, Inc., (NASDAQ: GBDC, www.golubcapitalbdc.com), a business development company, principally invests in senior secured, unitranche, mezzanine and second lien loans of middle-market companies that are, in most cases, sponsored by private equity investors. Golub Capital BDC, Inc.’s investment activities are managed by its investment adviser, GC Advisors LLC, an affiliate of the Golub Capital group of companies (“Golub Capital”).

About Golub Capital

Golub Capital, founded in 1994, is a leading lender to middle-market companies. Reuters Loan Pricing Corporation ranked Golub Capital as the leading senior lender for middle-market leveraged buyouts (defined as total debt financing of under $100 million) in 2009 and the first calendar quarter of 2010, based on number of deals. As of March 31, 2010, Golub Capital managed over $4.0 billion of capital, with a team of 48 investment professionals in New York, Chicago and Atlanta.

Forward-Looking Statements

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Golub Capital BDC, Inc.’s filings with the Securities and Exchange Commission. Golub Capital BDC, Inc. undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

Contact:

Nyssa Kourakos

646-805-2032

nyssa@nkstrategies.com