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Medley Capital Corporation
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Medley Capital Corporation (formerly NYSE: MCC) was an externally managed, closed-end investment company that elected to be treated as a business development company (BDC) under the Investment Company Act of 1940. Its primary business was providing debt financing, including senior secured first and second lien loans, to middle-market companies across various industries in the United States. Following a period of significant underperformance, shareholder lawsuits, and a terminated merger agreement with Sierra Income Corporation, the company's board approved a plan of liquidation. Medley Capital Corporation filed a certificate of dissolution with the State of Delaware in February 2023 and has since been winding down its operations and portfolio.
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