Redeeming 4 percent Preferred Securities with proceeds of non-subsidized Debentures.

13 C.F.R. § 107.1430
in effectEffective: 2024-07-01
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If SBA approves, a Section 301(d) Licensee may use the proceeds of a Debenture to redeem Preferred Securities at their mandatory redemption date, including any accrued unpaid dividends or partnership distributions.

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