SOLAR CAPITAL LTD. (NASDAQ:SLRC) Files An 8-K Other EventsItem 8.01.
As part of the annual governance review by the Solar Capital Ltd. (the “Company”) board of directors in 2017, management will discuss with the board of directors the restrictions in the Company’s Articles of Incorporation, as amended, on the ability of stockholders to amend the Company’s Bylaws. This review is in response to updated voting guidelines issued by a proxy advisory firm. Revised guidance by the proxy advisory firm issued in April 2017 made it clear that the guidelines apply to business development companies like the Company.
The information disclosed herein shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.
About SOLAR CAPITAL LTD. (NASDAQ:SLRC)
Solar Capital Ltd. is a management investment company. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. It invests in the United States middle market companies. It invests primarily in leveraged middle markets companies in the form of senior secured loans, mezzanine loans and equity securities. The Company is focused primarily on the direct origination of investments through portfolio companies or financial sponsors. Its investments range from $5 million to $100 million. It is managed by Solar Capital Partners, LLC (Solar Capital Partners). It invests in a portfolio of industries, such as aerospace and defense, air freight and logistics, automobiles, asset management and custody banks, building products, chemicals, commercial services and supplies, communications equipment, construction and engineering, consumer finance, containers and packaging, distributors and diversified consumer services. SOLAR CAPITAL LTD. (NASDAQ:SLRC) Recent Trading Information
SOLAR CAPITAL LTD. (NASDAQ:SLRC) closed its last trading session down -0.27 at 22.54 with 177,312 shares trading hands.