other material
confidence high
sentiment neutral
materiality 0.50
SLR Investment Corp. enters into $150M at-the-market equity distribution agreement
SLR Investment Corp.
- Company may sell up to $150M of common stock through Raymond James, Citizens JMP, and Jefferies as placement agents.
- Proceeds primarily for new portfolio investments; may also repay debt and for working capital.
- Agents receive commission up to 1.50% of gross sales price; sales at market prices not less than NAV per share.
- Sales include negotiated transactions and ATM sales on Nasdaq; no obligation to sell specific amount.