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 February 14, 2017, NewStar Financial, Inc. issued a press
release announcing results for the fourth quarter and full year
ended December 31, 2016. The press release is furnished herewith
as Exhibit 99.1 to this Current Report on Form 8-K and
incorporated herein by reference.
Item 8.01 Other Events.
On February 14, 2017, NewStar Financial, Inc. issued a press
release announcing its adoption of a new dividend policy and its
declaration of a quarterly dividend. The press release is file
herewith as Exhibit 99.2 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 February |
99.2 |
Press Release of NewStar Financial, Inc. dated February |
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 -0.23 at 9.22 with 103,450 shares trading hands.