CAPITALA FINANCE CORP. (NASDAQ:CPTA) Files An 8-K Other Events
ME Staff 8-k
CAPITALA FINANCE CORP. (NASDAQ:CPTA) Files An 8-K Other Events
Item 8.01 Other Events
On May 26, 2017, Capitala Finance Corp. (the Company) caused notices to be issued to
the holders of its 7.125% Notes due 2021 (CUSIP No. 14054R205;
NYSE: CLA) (the Notes) regarding the
Companys exercise of its option to redeem all of the issued and
outstanding Notes, to Section 1104 of the Indenture dated as of
June 16, 2014, between the Company and U.S. Bank National
Association, as trustee, and Section 1.01(h) of the First
Supplemental Indenture dated as of June 16, 2014. The Company
will redeem all $113,437,500 in aggregate principal amount of the
Notes on June 25, 2017 (the Redemption
Date). The Notes will be redeemed at 100% of their
principal amount ($25 per Note), plus the accrued and unpaid
interest thereon from June 16, 2017, through, but excluding, the
Redemption Date. A copy of the notice of redemption is attached
to this Current Report on Form 8-K as Exhibit 99.1 and is
incorporated herein by reference.
Item 9.01
Financial Statements and Exhibits.
(a)
Not applicable.
(b)
Not applicable.
(c)
Not applicable.
(d)
Exhibits.
Exhibit No.
Description
99.1
Notice of Redemption of 7.125% Notes due 2021
About CAPITALA FINANCE CORP. (NASDAQ:CPTA) Capitala Finance Corp. is an externally managed non-diversified, closed-end management investment company. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. Both directly and through its subsidiaries that are licensed by the United States Small Business Administration (SBA), the Company offers financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives. It invests in mezzanine, senior subordinated and unitranche debt, as well as senior and second-lien loans and, to a lesser extent, equity securities issued by lower middle-market and middle-market companies. It invests in various sectors, which include oil and gas services, consumer electronics, transportation, financial services and business services. It is managed by Capitala Investment Advisors, LLC. CAPITALA FINANCE CORP. (NASDAQ:CPTA) Recent Trading Information CAPITALA FINANCE CORP. (NASDAQ:CPTA) closed its last trading session down -0.17 at 13.55 with 59,498 shares trading hands.