New York, June 25, 2015 -- Moody's Investors Service has determined that entry by Golub Capital BDC 2010-1 LLC (the "Issuer") into a supplemental indenture dated as of June 25, 2015 (the "Supplemental Indenture No. 2") by and among the Issuer and U.S. Bank National Association, as Trustee, and performance of the activities contemplated therein, will not in and of themselves and at this time result in the immediate withdrawal or reduction with respect to the current rating by Moody's of any Class of Secured Notes issued by the Issuer. Moody's does not express an opinion as to whether the Supplemental Indenture No. 2 could have non-credit-related effects.

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