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Medley Capital Corp (MCC.N)

MCC.N on New York Stock Exchange

7.78USD
21 Feb 2017
Change (% chg)

$0.12 (+1.57%)
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Latest Key Developments (Source: Significant Developments)

Medley Capital enters amendment to credit agreement
Friday, 10 Feb 2017 04:50pm EST 

Medley Capital Corp : Medley Capital-on Feb 8 entered amendment to senior secured revolving credit agreement, amendment to senior secured term loan credit agreement . Medley Capital - facilities amended to permit payment, prepayment or redemption of principal, interest on 2019 notes in amount not to exceed $1.5 million .Medley Capital- revolving credit facility amended to permit prepayment of loans under term loan facility in amount not to exceed $74 million prior to Sept 30.  Full Article

Reg-Medley Capital reports qtrly loss per share $0.06
Thursday, 8 Dec 2016 04:18pm EST 

Medley Capital Corp : Board of directors approved an extension of current $50 million share repurchase program through Dec. 31, 2017 . Qtrly net investment income of $12.4 million, or $0.23 on a weighted average per share basis . Qtrly loss per share $0.06 .Reg-Medley Capital Corporation announces fourth quarter and fiscal year ended Sept. 30, 2016 financial results.  Full Article

Medley Capital reports Q3 earnings per share $0.26
Tuesday, 9 Aug 2016 06:30am EDT 

Medley Capital Corp : Q3 earnings per share $0.26 . Q3 earnings per share view $0.26 -- Thomson Reuters I/B/E/S . Sets quarterly dividend of $0.22per share .Qtrly net investment income of $0.20 per share.  Full Article

Medley Capital Corporation prices public offering of $70 million of 6.50% notes due 2021
Tuesday, 15 Dec 2015 06:31am EST 

Medley Capital Corp:Announced that it has priced an offering of $70 million in aggregate principal amount of 6.50% notes due 2021.Notes are expected to mature on January 30, 2021, and may be redeemed in whole or in part at any time or from time to time at the Company's option on or after January 30, 2019.Interest will be payable quarterly.Says it has also granted the underwriters a 30-day option to purchase up to an additional $10.5 million in aggregate principal amount of notes to cover over-allotments.Intends to use the net proceeds from the offering to redeem its outstanding $40.0 million in unsecured notes that mature on March 30, 2019, repay a portion of the outstanding indebtedness under its revolving credit facility, fund new investment opportunities and for general corporate purposes.  Full Article

Medley Capital Corporation Announces Increase in the Share Repurchase Program to $50 Million
Friday, 4 Dec 2015 06:50am EST 

Medley Capital Corporation:Says on Dec. 3, 2015, Board authorized an increase of the current share repurchase program to $50 million and extended the duration through December 31, 2016.Under this program, the Company has been authorized to programmatically buy stock up to NAV per share under a 10b5-1 program.  Full Article

Medley Capital Corp declares dividend
Thursday, 5 Nov 2015 04:20pm EST 

Medley Capital Corp:Declares Dividend of $0.30 Per Share for the Quarter Ended September 30, 2015.Payable on December 18, 2015 to stockholders of record as of November 25, 2015.  Full Article

Medley Capital Corp declares dividend
Tuesday, 11 Aug 2015 06:14am EDT 

Medley Capital Corp:Announces that its board of directors declared a dividend for the quarter ended June 30 of $0.30 per share, payable on Sept. 11, to stockholders of record as of Aug. 19.  Full Article

Medley Capital Corp announces new $100 mln senior secured credit facility
Wednesday, 5 Aug 2015 08:00am EDT 

Medley Capital Corp:Says that MCC Senior Loan Strategy JV I LLC, joint venture a premier U.S. provider of fixed and fixed-index annuities, closed on a $100 mln 7-year senior secured credit facility.Credit Suisse AG, Cayman Islands Branch is administrative agent.  Full Article

Medley Capital Corporation says Security National Guaranty voluntarily dismissed lawsuit
Thursday, 9 Jul 2015 09:00am EDT 

Medley Capital Corporation:Medley Capital Corporation announces security national guaranty's voluntarily dismissal of lawsuit against Medley.Says suit sought damages of $300 million.Says suit was dismissed unilaterally by SNG, without payment or consideration from Medley Capital Corporation.  Full Article

Medley Capital Corp declares quarterly dividend
Monday, 11 May 2015 04:35pm EDT 

Medley Capital Corp:Declares quarterly dividend of $0.30 per share.Payable on June 12, to holders of record as of May 20.  Full Article

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BRIEF-Medley Capital enters amendment to credit agreement

* Medley Capital-on Feb 8 entered amendment to senior secured revolving credit agreement, amendment to senior secured term loan credit agreement