19 Mar 2025
📈SEC Notice on Jefferies Credit Management's Share Issuance Application
Jefferies Credit Management LLC and Jefferies Credit Partners BDC Inc.
Summary
The SEC issued a notice regarding Jefferies Credit Management LLC's application for an exemption under the Investment Company Act to allow multiple classes of shares for certain investment companies. The notice includes filing dates, hearing notification details, and further contact information for inquiries.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The SEC's notice concerns Jefferies Credit Management LLC requesting an exemption that would allow the issuance of multiple classes of shares for closed-end investment companies acting as business development companies. This could facilitate capital raising and operational flexibility, impacting business owners involved in such companies.