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Solar Capital Ltd (SLRC.O)

SLRC.O on Nasdaq

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Latest Key Developments (Source: Significant Developments)

Solar Capital Ltd Q4 net investment income $17.6 million
Wednesday, 22 Feb 2017 04:10pm EST 

Solar Capital Ltd : Solar Capital Ltd announces quarter and fiscal year ended December 31, 2016 financial results; declares quarterly distribution of $0.40 per share for Q1, 2017 . Reported net investment income of $17.6 million, or $0.42 per share, for Q4 . Solar Capital Ltd says net investment income of $17.6 million, or $0.42 per share, for Q4 .Solar Capital Ltd says at December 31, 2016, net asset value (NAV) was $21.74 per share, a modest increase from prior quarter.  Full Article

Solar Senior Capital Ltd, Solar Senior Capital Ltd form JV with Deerfield Management
Wednesday, 22 Feb 2017 09:12am EST 

Solar Capital Ltd : Solar Senior Capital Ltd - co, Solar Senior Capital Ltd have formed Solar Life Science Program LLC with Deerfield Management . Solar Senior Capital Ltd - including anticipated leverage, LSJV's total investable capital is expected to be approximately $700 million . Solar Senior Capital - Solar Capital, Co, affiliates of JV and Deerfield Management committed equity capital of up to $350 million to LSJV .Solar Senior Capital Ltd - LSJV is expected to generate a mid-to-high-teens return on equity.  Full Article

PIMCO announces joint venture with solar capital partners in private corporate credit
Wednesday, 7 Dec 2016 08:00am EST 

PIMCO:PIMCO announces joint venture with solar capital partners in private corporate credit.  Full Article

Atyr Pharma enters into $20 million credit facility
Monday, 21 Nov 2016 08:00am EST 

Atyr Pharma Inc : Intends to use additional capital to pay off existing indebtedness . Entered into a $20 million credit facility with Silicon Valley Bank and Solar Capital Ltd . Atyr Pharma will receive $10 million after execution of loan agreement . Atyr Pharma Inc - under terms, two additional $5 million tranches will be available to Atyr Pharma, subject to achievement of certain specified milestones .Atyr Pharma enters into $20 million credit facility.  Full Article

Solar Capital issues $50 mln of unsecured private notes
Thursday, 10 Nov 2016 08:30am EST 

Solar Capital Ltd : Solar capital ltd. Issues $50 million of unsecured private notes .Interest on notes will be payable semi-annually.  Full Article

Solar Capital enters into amendment no. 2 to senior secured credit agreement
Thursday, 6 Oct 2016 06:10pm EDT 

Solar Capital Ltd : Amendment to credit facility, among other things, extended maturity date of credit facility to September 30, 2021 - SEC filing . Entered into amendment no. 2 to senior secured credit agreement . Amendment temporarily increased size of credit facility from $540 million to $555 million Source: (http://bit.ly/2dOmQXI) Further company coverage: [SLRC.O] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Solar Capital Ltd Declared a first quarter distribution
Wednesday, 24 Feb 2016 04:00pm EST 

Solar Capital Ltd:Declared a first quarter distribution of $0.40 per share payable on April 1, 2016 to stockholders of record on March 24, 2016.  Full Article

Solar Capital Ltd adopts stock repurchase program
Wednesday, 7 Oct 2015 04:00pm EDT 

Solar Capital Ltd:Says authorized a new program for the purpose of repurchasing up to $30 million worth of its common stock.Under the repurchase program, the Company may, but is not obligated to, repurchase its outstanding common stock in.Unless amended or extended by the Company's board of directors, the Company expects the repurchase program to be in place until the earlier of October 7, 2016 or until $30 million of the Company's outstanding shares of common stock have been repurchased.  Full Article

Solar Capital Ltd declares third quarter distribution
Tuesday, 4 Aug 2015 04:00pm EDT 

Solar Capital Ltd:Declares a third quarter distribution of $0.40 per share.Payable on Oct. 2 to stockholders of record on Sept. 24.  Full Article

Solar Capital Ltd declares quarterly distribution
Tuesday, 5 May 2015 04:00pm EDT 

Solar Capital Ltd:Declares quarterly distribution of $0.40 per share.Payable on July 1 to stockholders of record date as on June 25.  Full Article

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BRIEF-Solar Capital Ltd Q4 net investment income $17.6 million

* Solar Capital Ltd announces quarter and fiscal year ended December 31, 2016 financial results; declares quarterly distribution of $0.40 per share for Q1, 2017