Edition:
United States

MVC Capital Inc (MVC.N)

MVC.N on New York Stock Exchange

10.25USD
17 Oct 2017
Change (% chg)

-- (--)
Prev Close
$10.25
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
12,588
52-wk High
$10.48
52-wk Low
$8.22

Latest Key Developments (Source: Significant Developments)

MVC Capital board details plan to increase shareholder distributions
Tuesday, 10 Oct 2017 06:50am EDT 

Oct 10 (Reuters) - MVC CapitalInc :MVC Capital board of directors details plan to increase shareholder distributions.MVC Capital Inc - ‍board has approved an 11% increase in company's quarterly dividend​.MVC Capital Inc - ‍beginning this month with Q4 dividend, MVC will increase its quarterly dividend to $0.15 per share from $0.135 per share​.MVC Capital Inc - ‍MVC is actively exploring opportunities to repurchase common shares​.MVC Capital Inc - co's strategy to increase shareholder distributions will further reduce discount of company's share price to net asset value (NAV)​.  Full Article

MVC Capital announces fiscal third quarter results
Monday, 11 Sep 2017 04:45pm EDT 

Sept 12 (Reuters) - MVC Capital Inc :MVC Capital Inc announces fiscal third quarter 2017 results.Qtrly net asset value per share $13.38 ‍​.MVC Capital Inc - ‍net operating loss of $2.4 million for Q3 of fiscal 2017, compared to net operating income of $4.1 million for same quarter in 2016​.MVC Capital Inc - in Q3 2017, company earned $6.0 million in interest income and $1.3 million in fee income, compared to $5.0 million in interest income in Q3 2016.  Full Article

Mvc capital says on AUG. 31,Co renewed same credit facility until Aug. 31, 2018
Friday, 1 Sep 2017 10:47am EDT 

Sept 1 (Reuters) - Mvc Capital Inc :MVC CAPITAL-on AUG. 31,Co renewed same credit facility until Aug. 31, 2018, at which time all outstanding amounts under credit facility will be due, payable.MVC CAPITAL- ‍certain terms of credit facility been amended, including decrease, at company's election, in commitment amount from $100 million to $25 million​.  Full Article

Mvc Capital commences Dutch tender offer
Friday, 21 Jul 2017 06:50am EDT 

July 21 (Reuters) - MVC Capital Inc :MVC Capital commences Dutch tender offer.‍Commencement of a modified "Dutch auction" tender offer to purchase up to $15 million of its common stock​.Tender offer will expire on August 18, 2017, unless extended.‍Tender offer to purchase stock at a price per share not less than $10.00 and not greater than $11.00 in $0.20 increments​.  Full Article

MVC Capital qtrly ‍net asset value per share $12.45​
Thursday, 8 Jun 2017 05:42pm EDT 

June 8 (Reuters) - MVC Capital Inc ::MVC Capital announces fiscal second quarter 2017 results.MVC Capital Inc - qtrly ‍net asset value per share $12.45​.MVC Capital Inc qtrly net increase in net assets resulting from operations per share $0.14.MVC Capital - on june 8, 2017, company received total proceeds of approximately $18.1 million for repayment of outstanding biogenic reagents loans.  Full Article

MVC Capital qtrly net asset value per share $12.45
Monday, 13 Mar 2017 05:15pm EDT 

Mvc Capital Inc : Mvc capital announces fiscal first quarter 2017 results .Qtrly net asset value per share $12.45.  Full Article

MVC Capital renewed $100 mln credit facility - SEC filing
Wednesday, 1 Mar 2017 05:32pm EST 

Mvc Capital Inc : On february 28, co renewed $100 million credit facility dated july 31, 2013, until august 31, 2017 - sec filing .Certain terms of credit facility have been amended, including an increase in commitment amount from $50 million to $100 million.  Full Article

MVC Capital announces fiscal second quarter 2016 results
Monday, 29 Aug 2016 06:55am EDT 

Mvc Capital Inc : MVC Capital announces fiscal second quarter 2016 results . Reported net operating income of $10.3 million for Q2 of 2016, compared to net operating income of $2.6 million for same quarter of 2015 . For Q2, earned $5.3 million in interest income, $10.6 million in dividend and fee income versus $4.8 million and $485,282, respectively last year .2 -month investigation,re-valuation process, value of rume for Q2 2016 remained unchanged versus preliminary value ascribed prior to investigation.  Full Article

MVC Capital sets qtrly dividend of $0.135 per share
Friday, 15 Jul 2016 06:55am EDT 

MVC Capital Inc : MVC capital declares quarterly dividend .Sets regular quarterly dividend of $0.135 per share.  Full Article

MVC Capital amended facility to reduce commitment amount from $100 mln to $50 mln
Wednesday, 6 Jul 2016 05:26pm EDT 

MVC Capital Inc : Amended facility to reduce commitment amount from $100 million to $50 million . On June 30, renewed credit facility until February 28, 2017 - SEC filing .Amendment also includes a waiver related to delayed delivery of co's financial reports for quarter ended April 30, 2016.  Full Article

BRIEF-MVC Capital ‍​Board recommends shareholders vote against adoption of Metage Capital’s proposal

* Mvc Capital Inc says its ‍​Board "unanimously recommends that shareholders vote against adoption of Metage Capital’s proposal to cease all new investments"