UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): September 17, 2015
Business Development Corporation of America II
(Exact Name of Registrant as Specified in Its Charter)
Maryland
(State or Other Jurisdiction of Incorporation)
| 814-01083 | | 61-173588 |
| (Commission File Number) | | (IRS Employer Identification No.) |
405 Park Avenue, 14th Floor New York, New York 10022 |
| (Address, including zip code, of Principal Executive Offices) |
| |
| (212) 415-6500 |
| (Registrant’s Telephone Number, Including Area Code) |
| |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| | |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| | |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| | |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 2.02. Results of Operations and Financial Condition.
On September 17, 2015, the board of directors of Business Development Corporation of America II (“BDCA II”) declared a series of six monthly cash distributions of approximately $0.001918 per share per day, representing an annualized rate of 7.00% based on BDCA II’s current $10.00 per share public offering price. Distributions will be paid on the first business day of the month, beginning in November 2015 and continuing into April 2016. A BDCA II stockholder will be paid distributions based on the daily accrual rate of approximately $0.001918 per share per day for each day that the stockholder holds shares of common stock of BDCA II.BDCA II admits stockholders on a weekly basis, and the record date for the determination of dividends is the date on which the stockholder was admitted to BDCA II.
A copy of the press release announcing the foregoing is attached hereto as Exhibit 99.1 and incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
(d)Exhibits.
| Exhibit No. | | Description |
| 99.1 | | Press Release issued on September 18, 2015 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | BUSINESS DEVELOPMENT CORPORATION OF AMERICA II |
| | | | |
| Date: September 18, 2015 | By: | /s/ Peter M. Budko |
| | | Name: | Peter M. Budko |
| | | Title: | Chief Executive Officer, President and Chairman of the Board of Directors |
