DALLAS<\/span>, Aug. 30, 2016<\/span> \/PRNewswire\/ —\u00a0NexPoint Advisors, L.P. (“NexPoint<\/b>“) announced today that it has submitted a compelling management proposal to the Board of Directors (the “Board<\/b>“) of the Business Development Corporation of America (the “Company<\/b>“) (BDVC), a closed-end investment company that is regulated as a business development company.\u00a0 The Company previously announced on\u00a0July 26, 2016\u00a0that BDCA Adviser, LLC (the “Adviser<\/b>“) had entered into a membership interest purchase agreement with BSP Acquisition I, LLC (together with its affiliates, “BSP<\/b>“) to sell 100% of the issued and outstanding membership interests in the Adviser (the “BSP Proposal<\/b>“).<\/p>\n NexPoint’s proposal includes the following superior terms that are absent from the BSP proposal:<\/p>\n\n