Business Development Companies (BDCs)  Sterne Agee’s BDC team is part of our non-bank financial institutions group, which has significant transaction, deal structuring, and industry experience pertaining to various types of permanent capital vehicles, including BDCs. Our approach is relationship focused. We provide senior level attention on every transaction and clients can expect the firm’s banking/financial advisory relationship to continue long after a transaction is completed.  Our primary services include:  Public Offerings Initial Public Offerings Follow-on Offerings Rights Offerings Preferred Stock Debt Securities Convertible Securities  Private Placements PIPEs 144A Offerings Rights Offerings Preferred Stock Debt Securities Convertible Securities Financial Advisory Merger & Acquisition Advisory Fairness Opinions Valuations Restructurings  For more information, please contact: Jeffrey Prochnow, CFA Senior Vice President jprochnow@sterneagee.com 314.721.5830   Recent transactions: