debt
confidence high
sentiment positive
materiality 0.65
SLR Investment Corp. issues $135M of 3.33% senior unsecured notes due 2027
SLR Investment Corp.
- Issued $135M in 5-year, 3.33% senior unsecured notes due January 6, 2027.
- Proceeds will initially repay outstanding borrowings under revolving credit facility.
- Together with $50M notes issued in Q3 2021, weighted average rate on $185M unsecured notes reduced to 3.2% from 4.5% on $150M notes maturing Q2 2022.
- Notes rated investment grade by Fitch and Moody's; interest payable semi-annually.