trending Market Intelligence /marketintelligence/en/news-insights/trending/jD3vHi2CGhR1NFYSqyPMdw2 content esgSubNav
In This List

Business Development Corp. of America amends tender offer

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Podcast

Street Talk | Episode 97: Recessionary fears still keeping bank investors on the sidelines

Blog

Making sanctions effective: Key themes for banks


Business Development Corp. of America amends tender offer

Business Development Corp. of America has adjusted its plan to purchase common shares as part of a tender offer.

According to a filing, the company will now purchase no fewer than 3,300,000 shares and up to about 3,600,000 common shares at $8.52 per share. The company originally said it would buy up to 9,010,785 of its common shares.

The tender will expire at 11:59 p.m. ET on July 6, unless extended. The offer aims to provide stockholders with some liquidity because there is no public market for the company's common stock.