Vista Credit Seeks Fee-Tailored Shares: Investors, Object by June 17!
Published Date: 5/28/2025
Notice
Summary
Vista Credit BDC Management and Vista Credit Strategic Lending want permission to offer different types of shares with various fees and sales charges to investors. This change affects investors in their business development companies and could impact how much they pay in fees. If no one objects by June 17, 2025, the SEC will approve this new setup.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
BDCs May Offer Multiple Share Classes
Vista Credit's business development company has asked the SEC for permission to issue multiple classes of shares that carry different sales loads and asset-based distribution and/or service fees. If approved, investors in these BDC shares could pay different fees depending on the share class they buy; the application was filed April 15, 2025 and interested persons may request a hearing by 5:30 p.m. on June 17, 2025.
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