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Solar Capital Ltd (SLRC.OQ)

SLRC.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Solar Capital to redeem remaining $75 mln senior unsecured notes due 2042
Wednesday, 15 Nov 2017 06:59am EST 

Nov 15 (Reuters) - Solar Capital Ltd - :Solar Capital Ltd. to redeem remaining $75 million of 6.75% senior unsecured notes due 2042; increases expected 2018 net investment income by $0.04 per share.Solar Capital Ltd - ‍repayment will be funded through issuance of $75 million of 4.50% notes due 2023​.Solar Capital Ltd - expects refinancing of 6.75% senior unsecured notes will contribute approximately $0.04 per share to 2018 net investment income​.  Full Article

Solar Capital prices public offering of $75 million 4.50% notes due 2023
Monday, 13 Nov 2017 06:07pm EST 

Nov 13 (Reuters) - Solar Capital Ltd ::Solar Capital Ltd. prices public offering of $75 million 4.50% notes due 2023.  Full Article

Solar Capital reports q3 earnings per share of $0.41
Thursday, 2 Nov 2017 04:15pm EDT 

Nov 2 (Reuters) - Solar Capital Ltd ::Solar Capital Ltd announces quarter ended September 30, 2017 financial results: net investment income per share of $0.41; declares quarterly distribution of $0.40 per share for Q4, 2017 and increases Q1, 2018 distribution to $0.41 per share.Q3 earnings per share $0.41.Q3 earnings per share view $0.41 -- Thomson Reuters I/B/E/S.Qtrly total investment income $36.1 million versus $39.8 mln‍​.  Full Article

Solar Capital declares qtrly distribution of $0.40 per share for Q3
Tuesday, 1 Aug 2017 04:01pm EDT 

Aug 1 (Reuters) - Solar Capital Ltd :Solar Capital Ltd. announces quarter ended June 30, 2017 financial results; declares quarterly distribution of $0.40 per share for Q3, 2017.Solar Capital Ltd - ‍at June 30, 2017, net asset value (NAV) was $21.79 per share, up $0.04 per share from prior quarter​.Solar Capital Ltd - qtrly ‍net income of $18.8 million, or $0.44 per share​.  Full Article

Solar Capital repays its $75 mln of 5.875 pct senior secured notes
Thursday, 11 May 2017 08:00am EDT 

May 11 (Reuters) - Solar Capital Ltd :Repays its $75 million of 5.875 pct senior secured notes; reduces average interest expense.Repayment was prefunded through company's recent $50 million and $100 million issuances of unsecured senior notes due May 8, 2022.  Full Article

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

BRIEF-Solar Capital to redeem remaining $75 mln senior unsecured notes due 2042

* Solar Capital Ltd. to redeem remaining $75 million of 6.75% senior unsecured notes due 2042; increases expected 2018 net investment income by $0.04 per share