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MVC CAPITAL, INC. FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

August 4, 2014



ITEM 1.01. Entry into a Material Definitive Agreement.

As previously disclosed, MVC Capital, Inc. (the "Fund") is party to a one-year, $100 million revolving credit facility (the "Credit Facility"), dated as of July 31, 2013, with Branch Banking and Trust Company ("BB&T").

On July 30, 2014, the Fund renewed the Credit Facility with BB&T for an additional one-year period. The Credit Facility will now expire on July 31, 2015, at which time all outstanding amounts under the Credit Facility will be due and payable.

That same day, the Fund borrowed $100 million under the Credit Facility. All terms of the Credit Facility remain unchanged, and borrowings under the Credit Facility continue to be secured by cash, short-term and long-term U.S. Treasury securities and other governmental agency securities.

As permitted by General Instruction B to the Form 8-K, this Current Report incorporates by reference the information contained in previously filed reports relating to the Credit Facility on Form 8-K filed on August 5, 2013 and February 5, 2014 (File No. 814-00201).

ITEM 2.03. Creation of a Direct Financial Obligation or an Obligation under an

Off-Balance Sheet Arrangement of a Registrant.



The information provided in Item 1.01 is incorporated herein by reference.

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Source: Edgar Glimpses


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