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MVC gets credit line

April
30

MVC Capital Inc., a Purchase-based company that makes private debt and equity investments, has gotten a $50 million, two-year revolving line of credit from Branch Banking and Trust Co. The line is in addition to MVC’s existing $100 million credit agreement with Guggenheim Corporate Funding LLC.

MVC said the $50 million line will be used to gain better financial flexibility in managing its investment portfolio.

This entry was posted on Wednesday, April 30th, 2008 at 9:08 am by Allan Drury.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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