BDCA obtains triple-B rating and taps UBS for $150 million financing

Business Development Corporation of America has announced that it has obtained a BBB credit rating from Kroll Bond Rating Agency and that it has obtained $150 million from UBS to support its activities

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Comment by: Anonymous. Posted 4 years ago [2015-04-11 19:56:11]

Collateralized lending (repo) at L+390? That doesn't sound investment-grade to me ....