How the largest BDCs are approaching the increased 2:1 debt-to-equity leverage

More BDCs have laid out plans to ask shareholders to increase their borrowing capacity.

Another business development company earnings season has come and gone and more of the mid-market lenders have laid out plans for how they will approach the newfound increased leverage capacity.

Among the updates, TPG Specialty Lending and Solar Capital have both decided to pursue the additional borrowing capacity, which the US

Watch our explainer video on BDC leverage.

Congress allowed when it passed the Small Business Credit Availability Act in March.

Both received approval from their boards of directors and plan to ask shareholders to sign off, as well.