Interest in the formation of business development companies, especially private BDCs, remains high.  BDCs have also recently been in the spotlight as a result of significant changes to the regulatory framework affecting them. During the session, we will provide a brief overview of the legal and regulatory requirements applicable to BDCs generally, and focus on recent developments. Topics will include:

  • The 40 Act requirements applicable to BDCs;
  • The tax treatment and diversification requirements;
  • The registration process and shelf registration process;
  • Using a BDC to address Volcker Rule constraints;
  • Recent statutory changes affecting leverage and related rating agency actions; and
  • Changes to offering and communications related rules affecting BDCs.

Date & Time
Wednesday, May 16, 2018
1:00 p.m. – 2:00 p.m. Eastern

Brian Hirshberg, Mayer Brown
Anna Pinedo, Mayer Brown

PLI will provide CLE credit.

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