Welcome to our dedicated page for Slr Investment news (Ticker: SLRC), a resource for investors and traders seeking the latest updates and insights on Slr Investment stock.
SLRC Investment Corp (NASDAQ: SLRC) specializes in asset-based lending and factoring solutions for U.S. upper middle market companies. This news hub provides investors and financial professionals with timely updates on the company's strategic initiatives, regulatory developments, and market positioning within the specialty finance sector.
Access comprehensive coverage of SLRC's earnings reports, acquisition announcements, and portfolio updates. Our curated collection ensures stakeholders stay informed about key operational milestones including new lending programs, management insights, and regulatory compliance matters.
Key content categories include quarterly financial results, strategic partnership announcements, and analyses of SLRC's niche market expansions. Bookmark this page for direct access to primary source materials and expert-curated updates about the company's asset-backed financing strategies and industry leadership.
SLR Investment Corp. (NASDAQ: SLRC) announced the issuance of $135 million in 3.3% senior unsecured notes due January 2027. The proceeds will first reduce borrowings under its revolving credit facility, later funding investments and corporate purposes. This issuance, combined with $50 million raised in Q3 2021, lowers the company's long-term average financing rate to 3.2%, down from 4.5%. The notes enhance funding flexibility and support a strong investment pipeline. SLR Investment Corp. holds investment-grade ratings from Fitch and Moody's.
SLR Investment Corp. (NASDAQ: SLRC) has amended its senior secured credit facility, reducing the pricing grid by 25 basis points to LIBOR + 175-200 basis points and expanding the facility from $620 million to $700 million, with maturity extended to December 2026. This amendment aims to enhance funding flexibility and liquidity, supporting the company’s investment pipeline. Co-CEO Michael Gross highlighted that these changes are expected to lower average borrowing costs and extend debt maturity, bolstering the company's overall financial health.
SLR Investment Corp. (NASDAQ: SLRC) and SLR Senior Investment Corp. (NASDAQ: SUNS) have announced a merger agreement, with SLRC as the surviving entity pending stockholder approval. SUNS shareholders will receive SLRC shares equivalent to their NAV at closing, resulting in an ownership split of 77.2% for SLRC and 22.8% for SUNS. The merger aims to enhance net investment income through operational synergies and a 25 basis points management fee reduction. The combined entity will maintain a quarterly distribution of $0.41 per share, and is expected to close in the first half of 2022.
SLR Investment Corp. (NASDAQ: SLRC) reported net investment income of $15.0 million, or $0.36 per share, for Q3 2021. The net asset value (NAV) stood at $20.20 per share. A fourth quarter distribution of $0.41 per share has been declared, payable on January 5, 2022. The company achieved comprehensive portfolio growth, with investments totaling $358.0 million during the quarter, alongside $260.5 million in repayments. The net debt-to-equity ratio was 0.79x, indicating solid leverage positioning.
SLR Investment Corp. (NASDAQ: SLRC) will release its financial results for Q3 2021 on November 3, 2021, after market close.
An earnings conference call will follow on November 4, 2021, at 10:00 a.m. ET. Interested parties can join by calling (844) 889-7786 or accessing the webcast via the SLR Investment website.
SLR Investment focuses on leveraged middle-market companies through cash flow senior secured loans and asset-based loans, following the Investment Company Act of 1940.
SLR Investment Corp. (NASDAQ: SLRC) reported a net investment income of $15.5 million ($0.37 per share) for Q2 2021. The net asset value (NAV) increased to $20.29 per share as of June 30, 2021. The Company declared a Q3 distribution of $0.41 per share, payable on October 5, 2021. The portfolio remains 100% performing, with a comprehensive fair value of $1.92 billion and available capital of $744 million. Investments for Q2 were $173.2 million, with repayments of $301.5 million, leading to a net portfolio reduction of $128.3 million.
SLR Investment Corp. (NASDAQ: SLRC) will release its financial results for the quarter ended June 30, 2021, on August 3, 2021, after market close. An earnings conference call is scheduled for August 4, 2021, at 10:00 a.m. EDT. Interested parties can join by dialing (844) 889-7786 or (661) 378-9930 for international calls, using the passcode 2376837. A replay will be available until August 18, 2021. SLR Investment Corp. operates as a business development company specializing in investments in U.S. middle market companies through secured loans and debt instruments.
SLR Investment Corp. (NASDAQ: SLRC) reported Q1 2021 net investment income of $15.5 million ($0.37 per share) and a net asset value (NAV) of $20.26 per share, reflecting a $0.10 increase from the previous quarter. The company declared a Q2 distribution of $0.41 per share, payable July 2, 2021. With a comprehensive investment portfolio valued at $2.02 billion, the portfolio maintained a 100% performing status. Investment activity for the quarter included $214.9 million in originations and $232.6 million in repayments, resulting in a net portfolio reduction of $17.7 million.
SLR Investment Corp. (NASDAQ: SLRC) will announce its financial results for Q1 2021 on May 5, 2021, after market close. A conference call is scheduled for May 6, 2021, at 10:00 a.m. ET, accessible via phone or live webcast on their website. SLR Investment Corp. specializes in investing in U.S. middle-market companies through cash flow senior secured loans and asset-based loans. Interested participants can join the call by dialing in shortly before it begins.
Solar Capital Partners, LLC, will rebrand as SLR Capital Partners effective February 25, 2021. This change reflects its evolution from a cash flow lender to a multi-strategy diversified finance platform. With approximately 290 employees, SLR offers a range of senior secured financing solutions for U.S. middle-market companies. The firm manages over $7.5 billion in investable capital and has invested over $13.0 billion since its inception in 2006. Key subsidiaries, SLR Investment Corp. (NASDAQ: SLRC) and SLR Senior Investment Corp. (NASDAQ: SUNS), will retain their respective stock symbols.
