trending Market Intelligence /marketintelligence/en/news-insights/trending/sYlwU-2pqdqHfl5O22xlDA2 content esgSubNav
In This List

Business Development Corp. of America closes tender offer

Blog

Banking Essentials Newsletter: October Edition

Blog

Banking Essentials Newsletter: September Edition, Part - 2

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Video

S&P Capital IQ Pro | Powering Your Edge


Business Development Corp. of America closes tender offer

Business Development Corp. of America's tender offer terminated at 11:59 p.m. ET on July 6.

The company offered to purchase no fewer than 3.3 million shares and up to 3.6 million shares of common stock at $8.52 per share.

According to a filing, a total of 11,747,753 shares were validly tendered and not withdrawn in the offer. As of Aug. 4, the company purchased 3,433,482 shares for a total purchase price of $28.6 million.