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Audax Credit BDC delivers capital drawdown notice

Audax Credit BDC Inc. on Nov. 8 delivered a capital drawdown notice to one of its investors relating to the sale of 2,055,498.46 of its common shares for an aggregate offering price of $20 million.

The sale closed Nov. 22.

The investor is required to fund drawdowns to purchase shares of common stock up to the amount of its capital commitment.