[Federal Register: December 11, 2008 (Volume 73, Number 239)]
[Notices]
[Page 75488]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr11de08-107]
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SMALL BUSINESS ADMINISTRATION
Small Business Investment Companies; Increase in Maximum Leverage
Ceiling
13 CFR 107.1150(a) sets forth the maximum amount of Leverage (as
defined in 13 CFR 107.50) that a Small Business Investment Company may
have outstanding at any time. The maximum Leverage amounts are adjusted
annually based on the increase in the Consumer Price Index published by
the Bureau of Labor Statistics. The cited regulation states that the
Small Business Administration will publish the indexed maximum Leverage
amounts each year in a Notice in the Federal Register.
Accordingly, effective the date of publication of this Notice, and
until further notice, the maximum Leverage amounts under 13 CFR
107.1150(a) are as stated in the following table:
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If your leverageable capital is: Then your maximum leverage is:
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(1) Not over $22,800,000............... 300 percent of Leverageable
Capital.
(2) Over $22,800,000 but not over $68,400,000 + [2 x
$45,700,000. (Leverageable Capital -
$22,800,000)].
(3) Over $45,700,000 but not over $114,200,000 + (Leverageable
$68,600,000. Capital $45,700,000).
(4) Over $68,600,000................... $137,100,000.
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(Catalog of Federal Domestic Assistance Program No. 59.011, Small
Business Investment Companies)
Dated: December 2, 2008.
A. Joseph Shepard,
Associate Administrator for Investment.
[FR Doc. E8-29027 Filed 12-10-08; 8:45 am]
BILLING CODE 8025-01-M