Policy guidance
        
    
    
    
        
Buyout of Participating Securities SBICs Policy Letter
    
    
            
            Policy Change Regarding “Buyouts” of SBICs with Outstanding Participating Securities (“PS”) Leverage in the Office of SBIC Operations
        
    
    
        About this document and download
        
                            
        
        
                            
                    Effective:
                    January 1, 2011
                
                                                                
                    Related Programs:
                      
    Related programs:
  
          SBIC
                
                     
    
    
    
    
    
    
        Last updated October 10, 2017