The Ultimate Guide To apollo debt solutions bdc
The Ultimate Guide To apollo debt solutions bdc
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Our Board of Trustees has the authority to switch or waive our present functioning guidelines, investment decision requirements and strategies devoid of prior see and without having shareholder acceptance. We are not able to forecast the result any adjustments to our existing operating procedures, investment decision requirements and tactics would've on our business, NAV, operating results and price of our shares.
Of course. The entire process of placing a lien on the home commences as soon as the Medicaid recipient begins getting treatment in a long-expression care facility.
offering us with this kind of other expenditure advisory and similar services as we may possibly, occasionally, moderately demand to the expense of funds.
Within the discretion with the Board, We've got commenced a share repurchase program during which the Company intends to repurchase, in Each individual quarter, as much as five% of the NAV of our widespread shares outstanding (either by amount of shares or combination NAV) as in the near with the prior calendar quarter. The Board might amend or terminate the share repurchase method at any time if in its acceptable judgment it deems this kind of action being in the very best fascination of shareholders, which include when a repurchase offer you would place an undue burden on the organization’s liquidity, adversely have an effect on the corporate’s operations or chance acquiring an adverse effect on the corporation that could outweigh the advantage of the repurchase present.
Because statutes of limitations differ by condition, and often in the condition depending upon the scenario, we advise consulting using an Elder Legislation Attorney or Licensed Medicaid Planner to determine if there any statutes of limitations or exemptions That may use in your predicament.
(two) have filed with its return for the taxable calendar year an election to get a RIC or have created this sort of election for a former taxable yr;
Investing in the corporation consists of quite a few considerable risks referring to The existing environment, our company and composition, our investments, issuance of our preferred stock, and an investment decision inside our widespread shares. As a result, there might be no assurance that we will attain our investment decision objective. You'll want to thoroughly take into account the challenges described under, together with most of the other details A part of this report, before you decide to make your mind up irrespective of whether to invest in the business.
The non-public agent of your Medicaid recipient’s estate is required to give the condition published discover identical to that which the personal representative have to publish inside the area newspaper which gives all creditors (such as MERP) two months after the date of publication of the first discover inside the newspaper to current their statements or be eternally barred.
The following discussion is usually a common summary of specified U.S. federal money tax concerns applicable to us and the purchase, ownership and disposition of our shares. This dialogue does not purport to become comprehensive or to manage all aspects of U.S. federal earnings taxation That could be pertinent to shareholders in light in their individual instances. Except if not noted, this dialogue applies only to U.S. shareholders that keep our shares as funds assets. A U.S. shareholder is someone who's a citizen or resident of the United States, a U.S. corporation, a believe in if it (a) is topic to the primary supervision of the courtroom in the United States and a number of U.S. folks hold the authority to manage all considerable decisions in the have confidence in or (b) has built a legitimate election being addressed to be a U.S. person, or any estate the revenue of which happens to be subject matter to U.S. federal revenue tax no matter its source. This dialogue is predicated upon existing provisions of your Code, the restrictions promulgated thereunder, and judicial and administrative ruling authorities, all of which might be subject matter to vary, or differing interpretations (probably with retroactive outcome). This dialogue does not characterize an in depth description of the U.
provide enterprises a versatile solution to finance. They allow for growth while retaining Management and ownership.
the Administrator for almost any providers performed for us by these affiliate or third party. The Administrator employed a sub-administrator to aid inside the provision of administrative services.
The corporation can be a non-diversified, shut-stop administration expense organization that has elected for being regulated for a BDC having a minimal functioning historical past. Subsequently, prospective investors Possess a constrained reputation or heritage on which to foundation their financial investment selection. We have been topic into the company hazards and uncertainties connected with a short while ago shaped businesses, including the threat that we are going to not obtain our financial investment aim and the worth of a shareholder’s expenditure could decrease considerably or turn into worthless.
Minnesota is aggressive with Medicaid Estate Recovery. The state’s recovery statute even modifies probate law so the curiosity or proceeds of curiosity the Medicaid recipient owned like a daily life tenant or joint tenant, which typically merge by their attorney for debt collection nature and keep away from probate, are actually subject matter to probate and obtainable for Restoration.
Specific of our portfolio organizations’ organizations could possibly be adversely impacted by the effects of health pandemics or epidemics, such as the ongoing COVID-19 pandemic, which has had, and could continue on to own, a adverse impact on our and our portfolio companies’ enterprises and operations.