NEW YORK, Dec. 14, 2016 (GLOBE NEWSWIRE) -- Medley Management Inc. (NYSE: MDLY ) (“Medley”), a credit asset management firm, today announced that it received the award for “Debt Financing of the Year” at the 15 th Annual M&A Advisor Awards.
The award was based on Medley’s debt structuring and financing of Advanced Diagnostic Group, a leading provider of diagnostic imaging services throughout the state of Florida.
“We faced a competitive field of finalists, and we are delighted to be recognized for our work on the Advanced Diagnostics deal,” said Seth Taube, CEO of Medley. “The buyout was a complex undertaking, and we were able to structure a transaction that resulted in a successful outcome for both parties.”
Over 320 nominees, representing over 615 companies were finalists in the 2016 M&A Advisor Awards. An independent judging committee of 35 top M&A industry experts determined the recipients of the awards, which were revealed at M&A Advisor’s annual gala in New York City on November 9, 2016.
About Medley
Medley is a credit-focused asset management firm offering yield solutions to retail and institutional investors. Medley’s national direct origination franchise, with over 85 people, is a premier provider of capital to the middle-market in the U.S. Medley has over $5 billion of assets under management in two business development companies, Medley Capital Corporation (NYSE: MCC) and Sierra Income Corporation, as well as private investment vehicles. Over the past 14 years, we have provided in excess of $6 billion of capital to over 350 companies across 35 industries in North America. For additional information, please visit Medley Management Inc. at www.mdly.com .
Medley LLC, the operating company of Medley Management Inc., has outstanding bonds which trade on the NYSE under the symbol (NYSE: MDLX ). Medley Capital Corporation (NYSE: MCC ) has outstanding bonds which trade on the NYSE under the symbols (NYSE: MCQ ), (NYSE: MCV ), and (NYSE: MCX ).
Investor Relations Contact: Sam Anderson Head of Capital Markets & Risk 212-759-0777 Medley Management Inc.
Media Contact: Liz Bruce 212-498-9197 Fitzroy Communications