SOLAR SENIOR CAPITAL LTD. (NASDAQ:SUNS) Files An 8-K Other EventsItem 8.01.
As part of the annual governance review by the Solar Senior 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.
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About SOLAR SENIOR CAPITAL LTD. (NASDAQ:SUNS)
Solar Senior Capital Ltd. (SUNS) is a management investment company. The Company’s investment objective is to seek to maximize current income consistent with the preservation of capital. It invests in senior loans, including first lien and second lien debt instruments. It also invests in debt of public companies that are thinly traded. It invests in senior loans made to private, leveraged middle-market companies with approximately $20 million to $100 million of earnings before income taxes, depreciation and amortization. Its investment portfolio totals approximately $306.5 million and its net asset value is over $188.3 million. It invests in various industries, such as healthcare facilities, healthcare services, automobiles, healthcare technology, hotels, restaurants and leisure, building products, industrial conglomerates and chemicals. Its portfolio consists of debt and equity investments in over 45 portfolio companies. SUNS is managed by Solar Capital Partners, LLC. SOLAR SENIOR CAPITAL LTD. (NASDAQ:SUNS) Recent Trading Information
SOLAR SENIOR CAPITAL LTD. (NASDAQ:SUNS) closed its last trading session down -0.26 at 18.05 with 52,264 shares trading hands.