Alcentra Capital Corporation (NASDAQ:ABDC) Files An 8-K Other EventsItem 8.01. Other Events
On December 11, 2018, Alcentra Capital Corporation (the “Company”) issued a press release disclosing that it has adopted a trading plan to repurchase shares of its common stock in the open market to authorization of the Company’s board of directors and in accordance with applicable rules specified in the Securities Exchange Act of 1934, as amended.
A copy of the Company’s press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
(d)Exhibits
99.1 | Press Release, dated December 11, 2018 |
Alcentra Capital Corp ExhibitEX-99.1 2 tv508914_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Alcentra Capital Corporation Adopts Share Repurchase Plan NEW YORK,…To view the full exhibit click here
About Alcentra Capital Corporation (NASDAQ:ABDC)
Alcentra Capital Corporation is a specialty finance company that operates as a non-diversified, closed-end management investment company. The Company operates as a business development company and a regulated investment company. It provides customized debt and equity financing solutions to lower middle-market companies, which are companies having annual earnings, before interest, taxes, depreciation and amortization of between $5 million and $15 million, and/or revenues of between $10 million and $100 million. Its investments range in size from $5 million to $15 million. Its investment objective is to generate both current income and capital appreciation primarily by making direct investments in lower middle-market companies in the form of senior debt, unitranche, second lien, subordinated debt and, to a lesser extent, senior debt and minority equity investments. Its investment focus is to make loans to, and selected equity investments in, privately-held lower-middle-market companies.