|11/15/17||Solar Capital Ltd. to Redeem Remaining $75 Million of 6.75% Senior Unsecured Notes due 2042; Increases Expected 2018 Net Investment Income by $0.04 Per Share|
|NEW YORK, Nov. 15, 2017 (GLOBE NEWSWIRE) -- Solar Capital Ltd. (NASDAQ:SLRC) (the “Company”) has given notice to redeem its remaining $75 million of 6.75% senior unsecured notes due 2042. The repayment will be funded through the issuance of $75 million of 4.50% notes due 2023. The Company expects that the refinancing of the 6.75% senior unsecured notes will contribute approximately $0.04 per share to 2018 net investment income.
“The refinancing of the $100 million 6.75% senior unsecured not... |
|11/13/17||Solar Capital Ltd. Prices Public Offering of $75 Million 4.50% Notes Due 2023|
|NEW YORK, Nov. 13, 2017 (GLOBE NEWSWIRE) -- Solar Capital Ltd. (NASDAQ:SLRC) (the “Company”) announced today that it has priced an underwritten public offering of $75 million in aggregate principal amount of 4.50% notes due 2023 (the “Notes”). The Notes will mature on January 20, 2023 and may be redeemed in whole or in part at the Company’s option at any time at par plus a “make-whole” premium, if applicable.
J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are acting as joint bo... |
|11/02/17||Solar Capital Ltd. Announces Quarter Ended September 30, 2017 Financial Results: Net Investment Income Per Share of $0.41; Declares Quarterly Distribution of $0.40 Per Share for Q4, 2017 and Increases Q1, 2018 Distribution to $0.41 Per Share|
|NEW YORK, Nov. 02, 2017 (GLOBE NEWSWIRE) -- Solar Capital Ltd. (NASDAQ:SLRC) (the “Company” or “Solar Capital”), today reported net investment income of $17.3 million, or $0.41 per share, and net income of $17.2 million, or $0.41 per share, for the third quarter.
At September 30, 2017, net asset value (NAV) was $21.80 per share, up $0.01 per share from the prior quarter. At quarter end, the investment portfolio was 100% performing. At September 30, the fair value of the Company’s Comprehens... |
|09/29/17||Solar Capital Ltd. Schedules the Release of its Financial Results for the Quarter Ended September 30, 2017|
|NEW YORK, Sept. 29, 2017 (GLOBE NEWSWIRE) -- Solar Capital Ltd. (the “Company”) (NASDAQ:SLRC) today announced that it will release its financial results for the quarter ended September 30, 2017 on Thursday, November 2, 2017 after the close of the financial markets.
The Company will host an earnings conference call and audio webcast at 10:00 a.m. (Eastern Time) on Friday, November 3, 2017.
All interested parties may participate in the conference call by dialing (844) 889-7786 approximately ... |
(1) Based on previous day closing price and an annualized dividend of $1.60