Harvest Capital Credit Corporation (NASDAQ:HCAP) Files An 8-K Other EventsItem 8.01 Other Events
On August 24, 2017, Harvest Capital Credit Corporation (the “Company”) caused notices to be issued to the holders of its 7.00% Notes due 2020 (CUSIP No. 41753F 208; NASDAQ: HCAPL) (the “Notes”) regarding the Company’s exercise of its option to redeem all of the issued and outstanding Notes, to Section 1104 of the Indenture dated as of January 27, 2015, between the Company and U.S. Bank National Association, as trustee, and Section 1.01(h) of the First Supplemental Indenture dated as of January 27, 2015. The Company will redeem all $27,500,000 in aggregate principal amount of the Notes on September 23, 2017 (the “Redemption Date”). The Notes will be redeemed at 50% of their principal amount ($25 per Note), plus the accrued and unpaid interest thereon from July 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.
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Item 9.01 |
Financial Statements and Exhibits. |
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Exhibit No. |
Description |
| 99.1 | Notice of Redemption of 7.00% Notes due 2020 |
Harvest Capital Credit Corp ExhibitEX-99.1 2 ex99-1.htm EXHIBIT 99.1 ex99-1.htm Exhibit 99.1 NOTICE OF REDEMPTION TO THE HOLDERS OF THE 7.00% Notes due 2020 of Harvest Capital Credit Corporation (CUSIP No. 41753F 208; NASDAQ: HCAPL)* Redemption Date: September 23,…To view the full exhibit click here
About Harvest Capital Credit Corporation (NASDAQ:HCAP)
Harvest Capital Credit Corporation is an externally managed, closed-end, non-diversified management investment company. The Company operates as a business development company and provides customized financing solutions for small to mid-sized companies. Its investment objective is to generate both current income and capital appreciation by making direct investments in the form of subordinated debt, senior debt, and to a lesser extent, minority equity investments in privately-held the United States small to mid-sized companies. Its investment portfolio includes over 56.8% of senior secured term loans, 40.8% of junior secured term loans, 1.3% of equity investments and 1.1% of collateralized loan obligation (CLO) equity at fair value. It may also invest in other investments, such as loans to larger, publicly-traded companies, high-yield bonds and distressed debt securities. It may also invest in debt and equity securities issued by CLO funds. HCAP Advisors LLC is its investment adviser.
