Kcap Financial Inc (KAP) 25.46 $KAP KCAP Financ
Post# of 273390
Posted On: 09/07/2016 1:01:04 AM
Kcap Financial Inc (KAP) 25.46 $KAP
KCAP Financial, Inc. Announces Pricing of a $463.8 Million CLO Fund to be Managed by Trimaran Advisors Management, L.L.C.
GlobeNewswire - Tue Mar 31, 4:09PM CDT
KCAP Financial, Inc. ("KCAP"
(Nasdaq:KCAP) (NYSE:KAP) announced that Catamaran CLO 2015-1 Ltd., a $463.8 million Collateralized Loan Obligation ("CLO" fund has priced. Trimaran Advisors Management, L.L.C., a wholly owned portfolio company of KCAP, will serve as the investment manager for the CLO and KCAP will invest approximately $12 million across certain junior tranches of notes issued by the fund. This is the fifth CLO fund brought to the market since KCAP's acquisition of Trimaran Advisors, L.L.C. in February of 2012.
KAP: 25.46 (-0.04), KCAP: 4.52 (+0.07)
KCAP Financial, Inc. Announces Pricing of a $463.8 Million CLO Fund to be Managed by Trimaran Advisors Management, L.L.C.
GlobeNewswire - Tue Mar 31, 4:09PM CDT
KCAP Financial, Inc. ("KCAP"
(Nasdaq:KCAP) (NYSE:KAP) announced that Catamaran CLO 2015-1 Ltd., a $463.8 million Collateralized Loan Obligation ("CLO" fund has priced. Trimaran Advisors Management, L.L.C., a wholly owned portfolio company of KCAP, will serve as the investment manager for the CLO and KCAP will invest approximately $12 million across certain junior tranches of notes issued by the fund. This is the fifth CLO fund brought to the market since KCAP's acquisition of Trimaran Advisors, L.L.C. in February of 2012. KAP: 25.46 (-0.04), KCAP: 4.52 (+0.07)
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