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Wednesday, February 28, 2024

More companies turning to BDCs post-SVB collapse, says Trinity Capital exec (NASDAQ:TRIN)

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Businesswoman and businessman shaking hands across the table

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Since stresses in the regional banking sector emerged in March, more companies have tapped alternative ways to borrow money, and are turning to permanent-capital business development companies, said Trinity Capital (NASDAQ:TRIN) President and Chief Investment Officer Kyle Brown.

The banking

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