BDCs Reducing Asset Coverage Threshold:1

The chart below summarizes the business development companies ("BDCs") that have reduced, or sought to reduce, their asset coverage threshold based on filings made with the Securities and Exchange Commission, or SEC, through July 31, 2018.

BDC Adviser Fees

The chart below summarizes the adviser fee structures for BDCs based on filings made with the SEC through July 31, 2018. The BDCs are listed in reverse chronological order based on the date of their respective initial public offering, or IPO. All of the BDCs listed are traded on an exchange. Those BDCs shaded in green are BDCs that have amended their adviser fee structures as of July 31, 2018.

Footnotes

1 Source: Publicly filed periodic reports

To view the full article, please click here

Visit us at mayerbrown.com

Mayer Brown is a global legal services provider comprising legal practices that are separate entities (the "Mayer Brown Practices"). The Mayer Brown Practices are: Mayer Brown LLP and Mayer Brown Europe – Brussels LLP, both limited liability partnerships established in Illinois USA; Mayer Brown International LLP, a limited liability partnership incorporated in England and Wales (authorized and regulated by the Solicitors Regulation Authority and registered in England and Wales number OC 303359); Mayer Brown, a SELAS established in France; Mayer Brown JSM, a Hong Kong partnership and its associated entities in Asia; and Tauil & Chequer Advogados, a Brazilian law partnership with which Mayer Brown is associated. "Mayer Brown" and the Mayer Brown logo are the trademarks of the Mayer Brown Practices in their respective jurisdictions.

© Copyright 2018. The Mayer Brown Practices. All rights reserved.

This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.