STELLUS CAPITAL INVESTMENT CORPORATION (NYSE:SCM) Files An 8-K Other Events

STELLUS CAPITAL INVESTMENT CORPORATION (NYSE:SCM) Files An 8-K Other Events
Item 8.01 Other Events

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On August 21, 2017, Stellus Capital Investment Corporation (the “Company”) caused notices to be issued to the holders of its 6.50% Notes due 2019 (CUSIP No. 858568 207; NYSE: SCQ) (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 May 5, 2014, between the Company and U.S. Bank National Association, as trustee, and Section 1.01(h) of the First Supplemental Indenture dated as of May 5, 2014. The Company will redeem all $25,000,000 in aggregate principal amount of the Notes on September 20, 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 August 15, 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.

Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description
99.1 Notice of Redemption of 6.50% Notes due 2019


Stellus Capital Investment Corp Exhibit
EX-99.1 2 v473568_ex99-1.htm EX-99.1   Exhibit 99.1   NOTICE OF REDEMPTION TO THE HOLDERS OF THE   6.50% Notes due 2019 of Stellus Capital Investment Corporation (CUSIP No. 858568 207; NYSE: SCQ)*   Redemption Date: September 20,…
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About STELLUS CAPITAL INVESTMENT CORPORATION (NYSE:SCM)

Stellus Capital Investment Corporation is a closed-end, non-diversified management investment company. The Company originates and invests primarily in private middle-market companies through first lien, second lien, unitranche and mezzanine debt financing, with corresponding equity co-investments. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation. It invests in various sectors, such as business services, energy, general industrial, government services, healthcare, software and specialty finance. Its investment advisor is Stellus Capital Management, LLC (Stellus Capital Management). Stellus Capital Management is responsible for analyzing investment opportunities, conducting research and performing due diligence on investments, negotiating and structuring the Company’s investments, originating prospective investments, and monitoring its investments and portfolio companies on an ongoing basis.

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