Key Developments: Solar Senior Capital Ltd (SUNS.O)

SUNS.O on Nasdaq

19.22USD
24 May 2013
Price Change (% chg)

$0.04 (+0.21%)
Prev Close
$19.18
Open
$19.15
Day's High
$19.28
Day's Low
$18.99
Volume
41,513
Avg. Vol
49,283
52-wk High
$19.59
52-wk Low
$16.02

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Latest Key Developments (Source: Significant Developments)

Solar Senior Capital Ltd Declares Monthly Dividend Of $0.1175 Per Share For May 2013
Tuesday, 7 May 2013 05:13pm EDT 

Solar Senior Capital Ltd announced that Board of Directors has declared a monthly dividend of $0.1175 per share for May 2013, which will be payable on June 3, 2013 to stockholders of record on May 23, 2013.  Full Article

Solar Senior Capital Ltd Announces Monthly Dividend Of $0.1175 Per Share For April 2013
Monday, 8 Apr 2013 09:00am EDT 

Solar Senior Capital Ltd announced that it has declared a dividend of $0.1175 per share for the month of April, 2013. The dividend will be paid on May 1, 2013 to stockholders of record on April 25, 2013.  Full Article

Solar Senior Capital Ltd Declares Monthly Dividend of $0.1175 per Share for March 2013
Monday, 25 Feb 2013 04:41pm EST 

Solar Senior Capital Ltd announced that its Board of Directors has declared a monthly dividend of $0.1175 per share for March 2013, which will be payable on April 2, 2013 to stockholders of record on March 21, 2013. The Company expects the dividend to be paid from taxable earnings with specific tax characteristics reported to stockholders after the end of the 2013 calendar year.  Full Article

Solar Senior Capital Ltd Announces Monthly Dividend of $0.1175 per Share for February 2013
Tuesday, 5 Feb 2013 09:45am EST 

Solar Senior Capital Ltd announced that it declared a dividend of $0.1175 per share for the month of February, 2013. The dividend will be paid on March 1, 2013 to stockholders of record on February 21, 2013.  Full Article

Solar Senior Capital Ltd Announces Pricing Of Public Offering Of Common Stock
Tuesday, 15 Jan 2013 08:30am EST 

Solar Senior Capital Ltd announced that it has priced a public offering of 2,000,000 shares of its common stock at a public offering price of $18.85 per share for total gross proceeds of $37.7 million. The closing of the offering is expected to take place on January 18, 2013. In connection with the offering, the Company has granted the underwriters for the offering a 30-day option to purchase up to an additional 300,000 shares of common stock. The Company intends to use the net proceeds from this offering to pay down outstanding indebtedness under its revolving credit facility, and for general corporate purposes, including working capital requirements. However, through reborrowing under its revolving credit facility, the Company intends to make investments in debt securities consistent with its investment objective and for other general corporate purposes. Citigroup is acting as lead book-runner for this offering. RBC Capital Markets is acting as a book-runner, and the co-managers are JMP Securities LLC and Ladenburg Thalmann & Co. Inc.  Full Article

Solar Senior Capital Ltd Commences Public Offering of Common Stock
Monday, 14 Jan 2013 04:15pm EST 

Solar Senior Capital Ltd announced that it has commenced a public offering of 2,000,000 shares of its common stock. In connection with the proposed offering, the Company intends to grant the underwriters for the offering a 30-day option to purchase up to an additional 300,000 shares of common stock. The Company intends to use the net proceeds from this offering to pay down outstanding indebtedness under its revolving credit facility, and for general corporate purposes, including working capital requirements. However, through reborrowing under its revolving credit facility, the Company intends to make investments in debt securities consistent with its investment objective and for other general corporate purposes. Citigroup is acting as lead book-runner for this offering. RBC Capital Markets is acting as a book-runner, and the co-managers are JMP Securities LLC and Ladenburg Thalmann & Co. Inc.  Full Article

Solar Senior Capital Ltd Announces Monthly Dividend of $0.1175 per Share for January 2013
Tuesday, 8 Jan 2013 09:00am EST 

Solar Senior Capital Ltd announced that it declared a dividend of $0.1175 per share for the month of January, 2013. The dividend will be paid on February 1, 2013 to stockholders of record on January 24, 2013.  Full Article

Solar Senior Capital Ltd Announces Monthly Dividend Of $0.1175 Per Share For December 2012
Thursday, 6 Dec 2012 09:00am EST 

Solar Senior Capital Ltd announced that it has declared a dividend of $0.1175 per share for the month of December, 2012. The dividend will be paid on January 3, 2013 to stockholders of record on December 20, 2012.  Full Article

Solar Senior Capital Ltd Declares Monthly Dividend Of $0.1175 Per Share For November 2012
Thursday, 1 Nov 2012 04:53pm EDT 

Solar Senior Capital Ltd announced that its Board of Directors has declared a monthly dividend of $0.1175 per share for November 2012, which will be payable on December 4, 2012 to stockholders of record on November 22, 2012.  Full Article

Solar Senior Capital Ltd Announces Monthly Dividend Of $0.1175 Per Share for October 2012
Thursday, 4 Oct 2012 09:00am EDT 

Solar Senior Capital Ltd announced that it has a dividend of $0.1175 per share for the month of October, 2012. The dividend will be paid on November 2, 2012 to stockholders of record on October 25, 2012. The Company expects the dividend to be paid from taxable earnings with specific tax characteristics reported to stockholders after the end of the calendar year.  Full Article

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