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Business Development Corp. of America to repurchase common shares

Business Development Corp. of America is offering to purchase no less than 2,300,000 and up to approximately 3 million shares of its issued and outstanding common stock at $8.31 per share, which represents the company's net asset value per share as of Sept. 30.

The offer will expire at 11:59 p.m. ET on Jan. 19, 2018, unless extended.