Business Development Corporation of America Increases Financing Capacity by $100 Million
NEW YORK, May 16, 2013 /PRNewswire/ – Business Development Corporation of America (“BDCA” or the “Company”) announced today that it has increased its financing arrangement with Citibank, N.A (“Citi”) from $150.0 million to $200.0 million. The financing arrangement is structured as a total return swap (“TRS”), conducted through a wholly-owned special purpose subsidiary of BDCA (“TRS SUB”). Read More