0000820478-17-000030.txt : 20171213 0000820478-17-000030.hdr.sgml : 20171213 20171213093850 ACCESSION NUMBER: 0000820478-17-000030 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20171213 DATE AS OF CHANGE: 20171213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Golub Capital BDC 3, Inc. CENTRAL INDEX KEY: 0001715268 IRS NUMBER: 822375481 STATE OF INCORPORATION: MD FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-90205 FILM NUMBER: 171253114 BUSINESS ADDRESS: STREET 1: 666 FIFTH AVENUE, 18TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10103 BUSINESS PHONE: (212) 750-6060 MAIL ADDRESS: STREET 1: 666 FIFTH AVENUE, 18TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10103 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: STRS OHIO CENTRAL INDEX KEY: 0000820478 IRS NUMBER: 311312155 STATE OF INCORPORATION: OH FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 275 EAST BROAD STREET CITY: COLUMBUS STATE: OH ZIP: 43215-3771 BUSINESS PHONE: 6142272848 MAIL ADDRESS: STREET 1: 275 E BROAD ST CITY: COLUMBUS STATE: OH ZIP: 43215 FORMER COMPANY: FORMER CONFORMED NAME: STATE TEACHERS RETIREMENT SYSTEM OF OHIO DATE OF NAME CHANGE: 19970331 SC 13D/A 1 SC13DADec112017.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


SCHEDULE 13D/A, Amendment 1

Under the Securities Exchange Act of 1934

(Amendment No. 1)


 

 

Golub Capital BDC 3, Inc.

Name of Issuer

 

 

 

 

 

Common Stock, par value $0.001 per share

Title of Class of Securities

 

N/A

CUSIP No.

 

John D. Morrow,

State Teachers Retirement System of Ohio

275 East Broad Street, Columbus, Ohio  43215

614-227-4006

Name Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

December 11, 2017

Date of Event which Requires Filing of this Statement


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-l(e), 240.13d-l(f) or 240.13d-l(g), check the following box. o


*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.


The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.


CUSIP No.   N/A

(1)

Names of Reporting Persons. 

State Teachers Retirement System of Ohio

 

(2)

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

X

(3)

SEC Use Only

 

(4)

Source of Funds (See Instructions)  WC

 

(5)

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e):     o

(6)

Citizenship or Place of Organization:  State of Ohio United States

Number Of Shares Beneficially Owned By Each Reporting Person With

(7)

Sole Voting Power:   466,666.667

(8)

Shared Voting Power:  0

(9)

Sole Dispositive Power:  466,666.667

(10)

Shared Dispositive Power:  0

(11)

Aggregate amount beneficially owned by each reporting person:  466,666.667

(12)

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions): o

(13)

Percent of Class Represented by Amount in Row (11):  50.9%*

(14)

Type of Reporting Person (See Instructions):  EP

*Based on 916,833.34 shares of Common Stock outstanding as of December 11, 2017.



Page 1 of 2


Item 1. Security and Issuer.

This Schedule 13D/A relates to the shares of common stock, $0.001 par value per share, of Golub Capital BDC 3, Inc. (the Company). The principal address of the Company is 666 Fifth Avenue, 18th Floor, New York, NY 10103.


Item 2. Identity and Background.

(a)

This statement is being filed by State Teachers Retirement System of Ohio (STRS Ohio)(the Reporting Person).

State of Organization: Ohio

(b)

Address of Principal Office: 275 East Broad Street, Columbus Ohio 43215

(c)

Principal Business: Public Pension Fund created under Section 3307 of the Ohio Revised Code.

(d)

STRS Ohio has not, during the past 5 years, been convicted in a criminal proceeding.

(e)

STRS Ohio has not, during the past 5 years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceedings was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

(f)

State of Organization: Ohio

Item 3. Source and Amount of Funds or Other Consideration.


Source and Amount of Funds or Other Consideration. STRS Ohio has purchased 466,666.667 shares of common stock in the Company subject to Subscription Agreements signed with Company on October 2, 2017. Shares of common stock are purchased each time the Company delivers a capital contribution notice to STRS Ohio. Shares are purchased at a price per share equal to the most recent NAV per share as determined by the Company Board of Directors. STRS Ohio also participates in the Company dividend reinvestment plan whereby dividends are utilized to purchase additional shares of common stock in the Company. The amount of funds used to acquire the stock of the Company was $7,000,000. No part of the purchase price is or will be represented by funds or other consideration borrowed or otherwise obtained for the purpose of acquiring, holding, trading or voting the securities.


Item 4.  Purpose of Transaction.

STRS Ohio acquired the shares of common stock in the Company for investment purposes in the course of ordinary business. STRS Ohio has a commitment to purchase up to $100 million of shares of common stock in the Company. Shares are purchased each time the Company delivers a capital contribution notice to purchase shares at a price per share equal to the most recent net asset value (NAV) per share as determined by the Company Board of Directors.


Item 5.  Interest in Securities of the Issuer.All percentages are based on 916,833.34 outstanding shares of the Company, as of December 11, 2017.


(a)

STRS Ohio beneficially owns 466,666.667 shares of common stock, which represents 50.9% of the outstanding shares of the Company as of December 11, 2017.

(b)

STRS Ohio has the sole power to vote, or to direct to vote, and the sole power to dispose or to direct to dispose, 466,666.667 shares of the Company.

(c)

As a result of a capital call by the Company, STRS Ohio purchased 200,000 shares at $15 per share on December 11, 2017.

(d)

No other person has the right to receive or the power to direct the receipt of dividends, or proceeds of such securities outlined in this Schedule 13D.

(e)

Not applicable.


Item 6.  Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.


STRS Ohio purchases shares of common stock in the Company pursuant to Subscription Agreements that were executed on October 2, 2017.

Item 7.  Material to be Filed as Exhibits.


Not applicable.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.


 Date: December 13, 2017

by: 

/s/ JOHN D. MORROW

 

 

John D. Morrow

 

 

Deputy Executive Director, Investments






Page 2 of 2