FCRD - Dividend announcements

BOSTON, April 19, 2022 (GLOBE NEWSWIRE) -- First Eagle Alternative Capital BDC, Inc. (NASDAQ:FCRD) ("First Eagle Alternative Capital BDC" or, the "Company") is pleased to announce First Eagle Logan JV, LLC ("Logan JV"), a joint venture with the Company and Perspecta Trident LLC, an affiliate of Jordan Park, closed on LJV I MM CLO LLC (the "CLO"), a $300.6 million CLO with a 3-year reinvestment period. "The closing of this CLO provides a more efficient and flexible source of leverage for the Logan JV," said Chris Flynn, President of First Eagle Alternative Credit, LLC (the "Adviser"). "We anticipate this will help enhance returns for the Company and Logan JV, while also affording the BDC t

BOSTON, March 14, 2022 (GLOBE NEWSWIRE) -- First Eagle Alternative Capital BDC, Inc. (NASDAQ:FCRD) ("First Eagle Alternative Capital BDC" or, the "Company") today announced that in keeping with its strategic initiatives, the Company and its joint venture partner refinanced the capital structure at First Eagle Logan JV, LLC ("Logan JV") into a middle market CLO arranged by Deutche Bank Securities Inc., and the Company amended its credit facility provided by ING Capital LLC. The pricing of the CLO and the amendment of the Company's Senior Secured Revolving Credit Agreement occurred on March 10, 2022, and March 11, 2022, respectively. "FCRD has been focused on reducing expenses to help drive

BOSTON, Nov. 23, 2021 (GLOBE NEWSWIRE) -- First Eagle Alternative Capital BDC, Inc. (NASDAQ:FCRD) ("First Eagle Alternative Capital BDC" or the "Company"), a direct lender to middle market companies, today announced that it will redeem all of its outstanding 6.125% Notes due 2023 (the "2023 Notes"), at a redemption price of 100% of the outstanding principal amount of the 2023 Notes, plus accrued and unpaid interest to, but excluding, the date of redemption, December 21, 2021, of approximately $0.35 on each $25 principal amount if redeemed on December 21, 2021. The 2023 Notes are currently traded on the New York Stock Exchange under the symbol "FCRW" (CUSIP No. 26943B 209). As specified i

BOSTON, May 19, 2021 (GLOBE NEWSWIRE) -- First Eagle Alternative Capital BDC, Inc. (NASDAQ:FCRD) ("First Eagle Alternative Capital BDC" or the "Company"), a direct lender to middle market companies, today announced that it will redeem all of its outstanding 6.75% Notes due 2022 (the "2022 Notes"), at a redemption price of 100% of the outstanding principal amount of the 2022 Notes, plus accrued and unpaid interest to, but excluding, the date of redemption, June 21, 2021, of approximately $0.38 on each $25 principal amount if redeemed on June 21, 2021. The 2022 Notes are currently traded on the New York Stock Exchange under the symbol "FCRZ" (CUSIP No. 26943B308). As specified in the n

BOSTON, May 06, 2021 (GLOBE NEWSWIRE) -- First Eagle Alternative Capital BDC, Inc. (NASDAQ:FCRD) ("First Eagle Alternative Capital BDC" or the "Company"), a direct lender to middle market companies, today announced financial results for its first fiscal quarter ended March 31, 2021. Additionally, the Company announced that its Board of Directors (the "Board") has declared a second fiscal quarter 2021 dividend of $0.10 per share payable on June 30, 2021, to stockholders of record as of June 15, 2021. HIGHLIGHTS ($ in millions, except per share amounts) Portfolio resultsAs of March 31, 2021 Total assets$386.3 Investment portfolio, at fair value$363.0 Net assets$191.7 Net asset value per sh

BOSTON, March 04, 2021 (GLOBE NEWSWIRE) -- First Eagle Alternative Capital BDC, Inc. (NASDAQ: FCRD) (“First Eagle Alternative Capital BDC” or the “Company”), a direct lender to middle market companies, today announced financial results for its fourth fiscal quarter and year ended December 31, 2020. Additionally, the Company announced that its Board of Directors (the “Board”) has declared a first fiscal quarter 2021 dividend of $0.10 per share payable on March 31, 2021, to stockholders of record as of March 15, 2021. HIGHLIGHTS ($ in millions, except per share amounts) Portfolio resultsAs of Dec. 31, 2020 Total assets$356.4  Investment portfolio, at fair value$337.7  Net assets$185.2  Net