Garrison Capital Inc. (NASDAQ:GARS) Files An 8-K Other Events

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Garrison Capital Inc. (NASDAQ:GARS) Files An 8-K Other Events

Garrison Capital Inc. (NASDAQ:GARS) Files An 8-K Other Events
Item 8.01. Other Events.

On September21, 2018, Garrison Capital Inc. (the “Company”) issued a press release regarding the pricing of a $420million term debt securitization.A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference. Previously, on September 20, 2018, the Company, as the holder of the subordinated notes issued in the Company’s $300.00 million term debt securitization, issued a direction under the indenture, dated as of September 29, 2016, by and among Garrison Funding 2016-2 Ltd., Garrison Funding 2016-2 LLC and Deutsche Bank Trust Company Americas, directing that the secured notes issued under such indenture be redeemed in full on or after October 1, 2018 to the terms of such indenture. The notes issued in such debt securitization would have otherwise matured on September 29, 2027.

Forward-Looking Statements

This Current Report on Form 8-K, including Exhibit 99.1 furnished herewith, may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this Current Report on Form 8-K may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this Current Report on Form 8-K.

Item 8.01. Financial Statements and Exhibits.

99.1

Press release of Garrison Capital Inc., dated as of September 21, 2018


Garrison Capital Inc. Exhibit
EX-99.1 2 gars-ex991_7.htm EX-99.1 gars-ex991_7.htm   EXHIBIT 99.1   Garrison Capital Inc. Announces Pricing of Collateralized Loan Obligation Refinance   NEW YORK,…
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About Garrison Capital Inc. (NASDAQ:GARS)

Garrison Capital Inc. is a managed, closed-end, non-diversified management investment company. The Company’s investment objective is to generate current income and capital appreciation by making investments primarily in debt securities and loans of the United States-based middle-market companies, which it defines as those having annual earnings before interest, taxes and depreciation, or EBITDA, of certain amount. It invests or provides direct lending in first lien senior secured loans, second lien senior secured loans, one-stop senior secured loans or unitranche loans, subordinated or mezzanine loans, unsecured consumer loans and to a lesser extent, selected equity co-investments in middle-market companies. The Company intends to generate risk-adjusted net returns by assembling a portfolio of investments. The Company’s investment advisor is Garrison Capital Advisers LLC.