Tag: BDCA
Business Development Corporation of America Changes Name
The board of Business Development Corporation of America, a non-traded business development company externally managed by Benefit Street Partners, has changed the name of...
BDCA Increases Quarterly Distribution, Declares Special Dividend
The board of Business Development Corporation of America, a non-traded business development company, has declared a special distribution of $0.02 per share to stockholders...
Moody’s Assigns Investment Grade Rating to BDCA
Business Development Corporation of America, a non-traded business development company affiliated with Benefit Street Partners, reported that Moody’s Investors Service has assigned the company...
Business Development Corporation of America Forms Joint Venture with Cliffwater
Business Development Corporation of America, a non-traded business development company affiliated with Benefit Street Partners, has formed a joint venture with an investment vehicle...
BDCA Reinstates Distribution Reinvestment Program, Amends Share Repurchases
The board of Business Development Corporation of America, a non-traded business development company affiliated with Benefit Street Partners, has reinstated the company’s distribution reinvestment...
Business Development Corporation of America Changes Dividend Payment Frequency
Business Development Corporation of America, a non-traded business development company affiliated with Benefit Street Partners, has changed the timing of its dividend payments to...
Business Development Corporation of America Names New CFO and Treasurer
Business Development Corporation of America, a non-traded business development company, has appointed Nina Kang Baryski to replace Corinne Pankovcin as the company’s chief financial...
BDCA Chief Financial Officer and Treasurer to Resign in July
Business Development Corporation of America, a non-traded business development company, announced that Corinne Pankovcin is resigning from her position as the chief financial officer...
Business Development Corporation of America Buys Siena Capital Finance
Business Development Corporation of America, a non-traded business development company affiliated with Benefit Street Partners, has purchased a controlling interest in Siena Capital Finance,...
Franklin Templeton Completes Purchase of Alternative Credit Manager Benefit Street Partners
Franklin Resources Inc. , a global investment management organization operating as Franklin Templeton Investments, has completed its acquisition of Benefit Street Partners LLC, an...
BDCA Shareholders Approve New Advisory Agreement Following Franklin Templeton Announcement
Shareholders of Business Development Corporation of America, a non-traded business development company, have approved a new investment advisory agreement in connection with last year’s...
Franklin Templeton to Buy Alternative Credit Manager Benefit Street Partners
Franklin Resources Inc. , a global investment management organization operating as Franklin Templeton Investments, has agreed to purchase Benefit Street Partners LLC, an alternative...
Business Development Corporation of America Buys Stake in $800 Million Triangle...
Business Development Corporation of America, a non-traded business development company previously affiliated with AR Global and currently managed by an affiliate of Benefit Street...
Business Development Corporation of America Prices Senior Notes Offering
Business Development Corporation of America, a publicly registered non-traded business development company, has priced an offering of $60 million aggregate principal amount of 5.375...
Business Development Corporation of America to Participate in $981.2 Million Acquisition
Benefit Street Partners LLC has agreed to purchase the investment portfolio of Triangle Capital Corporation (NYSE: TCAP), a publicly traded business development company, for...