NewStar Financial, Inc. (NASDAQ:NEWS) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition.
On May 3, 2017, NewStar Financial, Inc. issued a press release
announcing results for the first quarter ended March 31, 2017.
The press release is furnished herewith as Exhibit 99.1 to this
Current Report on Form 8-K and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
|
Exhibit Number |
Description |
|
99.1 |
Press Release of NewStar Financial, Inc. dated May 3, |
About NewStar Financial, Inc. (NASDAQ:NEWS)
NewStar Financial, Inc. (NewStar) is a commercial finance company with specialized lending platforms focused on meeting the financing needs of companies and private investors in the middle market. The Company and its wholly owned investment management subsidiary, NewStar Capital LLC, are registered investment advisors and provide asset management services to institutional investors. The Company manages various private credit funds that co-invest in loan origination through its leveraged finance lending platform. Through its wholly owned subsidiary, the Company also manages a series of funds structured as collateralized loan obligations (CLOs) that invest primarily in broadly syndicated loans, as well as other sponsored funds and managed accounts that invest across various asset classes, including broadly syndicated loans, high yield bonds and distressed credits. The Company’s loan portfolio includes loans, leases and other debt products. NewStar Financial, Inc. (NASDAQ:NEWS) Recent Trading Information
NewStar Financial, Inc. (NASDAQ:NEWS) closed its last trading session down -0.09 at 10.77 with 43,397 shares trading hands.
