CAPITALA FINANCE CORP.

(CPTA)
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End-of-day quote Nasdaq  -  2022-06-30
15.49 USD   -1.84%
06/07Logan Ridge Finance Corporation Announces Full Repayment of the Legacy 5.75% Convertible Notes and 6.00% Notes Due May 31, 2022
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05/13TRANSCRIPT : Logan Ridge Finance Corporation, Q1 2022 Earnings Call, May 13, 2022
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05/12LOGAN RIDGE FINANCE CORP. : Entry into a Material Definitive Agreement, Results of Operations and Financial Condition, Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)
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Capitala Business Lending, LLC Amends Its Existing Senior Secured Revolving Credit Agreement

05/12/2022 | 05:26pm EDT

On May 10, 2022 (the “Effective Date”), Capitala Business Lending, LLC (the “Borrower”), a direct, wholly owned, consolidated subsidiary of Logan Ridge Finance Corporation (the “Company”), amended its existing senior secured revolving credit agreement (the “Amended KeyBank Credit Facility”), with Mount Logan Management, LLC (the “Investment Adviser”), as collateral manager, the lenders from time to time parties thereto (each a “Lender”), KeyBank National Association, as administrative agent, and U.S. Bank National Association, as custodian. Under the Amended KeyBank Credit Facility, the Lenders have agreed to increase the credit available to the Borrower in an aggregate principal amount of up to $75.0 million as of the Effective Date, with an uncommitted accordion feature that allows the Company to borrow up to an additional $125.0 million. The Amended KeyBank Credit Facility matures on May 10, 2027, unless there is an earlier termination or event of default. Borrowings under the Amended KeyBank Credit Facility will bear interest at 1M Term SOFR plus 2.90% during the 3-year revolving period and 3.25% thereafter, with 0.40% 1 M Term SOFR floor.


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All news about CAPITALA FINANCE CORP.
06/07Logan Ridge Finance Corporation Announces Full Repayment of the Legacy 5.75% Convertibl..
AQ
05/13TRANSCRIPT : Logan Ridge Finance Corporation, Q1 2022 Earnings Call, May 13, 2022
CI
05/12LOGAN RIDGE FINANCE CORP. : Entry into a Material Definitive Agreement, Results of Operati..
AQ
05/12Logan Ridge Finance Corporation Appoints Jennifer Kwon Chou as Class II Director
CI
05/12Capitala Business Lending, LLC Amends Its Existing Senior Secured Revolving Credit Agre..
CI
05/12LOGAN RIDGE : Q1 Earnings Snapshot
AQ
05/12LOGAN RIDGE FINANCE CORP. Management's Discussion and Analysis of Financial Condition ..
AQ
05/12Logan Ridge Finance Corporation Reports Earnings Results for the First Quarter Ended Ma..
CI
05/12Logan Ridge Finance Corporation Reports First Quarter 2022 Financial Results
AQ
05/11LOGAN RIDGE FINANCE CORP. : Regulation FD Disclosure (form 8-K)
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Financials (USD)
Sales 2022 16,5 M - -
Net income 2022 -1,00 M - -
Net Debt 2022 - - -
P/E ratio 2022 -43,0x
Yield 2022 -
Capitalization 42,0 M 42,0 M -
Capi. / Sales 2022 2,55x
Capi. / Sales 2023 2,18x
Nbr of Employees -
Free-Float 99,7%
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Mean consensus BUY
Number of Analysts 1
Last Close Price 15,49 $
Average target price 24,00 $
Spread / Average Target 54,9%
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Managers and Directors
Edward Joseph Goldthorpe Chairman, President & Chief Executive Officer
Jason T. Roos Chief Financial Officer
David Held Chief Compliance Officer
Patrick Schafer Chief Investment Officer
Robert H. Warshauer Independent Director
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