MCC

NEW YORK, Jan. 11, 2021 /PRNewswire/ -- Medley LLC (the "Company") announced today that the Company has engaged B. Riley Securities Inc. ("B. Riley") as its investment banking advisor to assist in analyzing various strategic financial alternatives to address its capital structure, including strategic and financing alternatives to restructure its indebtedness and other contractual obligations. Medley LLC has outstanding unsecured bonds which trade on the NYSE under the symbols (NYSE: MDLX) and (NYSE: MDLQ). B. Riley Securities is an affiliate of B. Riley Financial, Inc. There can be no assurance that this review will result in any particular outcome. About Medley Medley is an alternative a

3 - PhenixFIN Corp (0001490349) (Issuer)

CERT - Medley Capital Corp (0001490349) (Filer)

8-K - Medley Capital Corp (0001490349) (Filer)

NEW YORK--(BUSINESS WIRE)--Medley Capital Corporation (NYSE: MCC) (the "Company", "we", "us" or "our") today announced that it has completed the application process and has been authorized to transfer the listing of its shares of common stock, par value $0.01 per share (the “Common Stock”), and its 6.125% Notes due 2023 (the “Notes”) from the New York Stock Exchange (the “NYSE”) to the NASDAQ Global Market (the “NASDAQ”). In addition, effective January 1, 2021, the name of the Company will be changed to PhenixFIN Corporation. The Company expects the Common Stock and the Notes to begin trading on the NASDAQ under the ticker symbols “PFX” and “PFXNL”, respectively, on January 4, 2021.

NEW YORK, Dec. 11, 2020 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (the “Company”) today announced financial results for the quarter ended September 30, 2020. Fourth Quarter Summary Net asset value of $150.6 million, or, $55.30 per share, vs. $149.3 million, or, $54.83 per share, at June 30, 2020Net income of $0.47 per shareNet investment loss of $(0.32) per shareThe board of directors did not declare a dividend this quarter Portfolio Investments The total value of our investments was $246.7 million at September 30, 2020. During the quarter ended September 30, 2020, the Company originated $0.7 million of investments and had $7.0 million of repayments and sales, resultin

NEW YORK, Nov. 20, 2020 (GLOBE NEWSWIRE) -- On November 18, 2020, the Board of Directors (the “Board”) of Medley Capital Corporation (NYSE: MCC) (the “Company”) approved adoption of an internalized management structure effective January 1, 2021.   The new management structure will replace the current Investment Management and Administration Agreements with MCC Advisors LLC, which expire on December 31, 2020. To lead the internalized management team, the Board approved the appointment of David Lorber, who has served as an independent director of the Company since April 2019, as interim Chief Executive Officer and Ellida McMillan as Chief Financial Officer of the Company, each effective Jan

NEW YORK, Nov. 16, 2020 /PRNewswire/ -- Medley Management Inc. (NYSE: MDLY) ("MDLY" or the "Company") today reported its financial results for its third quarter ended September 30, 2020. All share and per share results reflect the 1-for-10 reverse stock split which was effective on October 30, 2020. Summary Fee earning assets under management were $1.7 billion as of September 30, 2020 Total assets under management were $3.4 billion as of September 30, 2020 Total revenues were $8.3 million for the three months ended September 30, 2020 and $24.8 million for the nine months ended September 30, 2020 U.S. GAAP net loss per share attributable to Medley Management Inc. was $0.19 for Q3 2020

NEW YORK, Oct. 23, 2020 /PRNewswire/ -- Sierra Income Corporation ("Sierra" or the "Company") today announced that its Board of Directors has determined to reinstate the monthly distributions on the shares of the Company's common stock. The Board of Directors declared a series of monthly distributions for October, November and December 2020 of $0.01 per share. On April 29, 2020, the Company announced the temporary suspension of its monthly distributions in the wake of the global economic disruption and near-term uncertainties caused by the outbreak of the COVID-19 pandemic. The Company believed that it was in the best long-term interests of its shareholders to maintain a conservative app

NEW YORK, Oct. 22, 2020 /PRNewswire/ -- Medley Management Inc. (NYSE: MDLY) ("MDLY" or the "Company") announced today that, following the authorization granted by the stockholders at the Company's 2020 Annual Meeting of Stockholders held on October 22, 2020 (the "Annual Meeting"), the Company's board of directors (the "Board") today determined that it is in the best interests of the Company and its stockholders to effect a reverse stock split of its Class A common stock, par value $0.01 per share (the "Class A Common Stock"), at a ratio of 1-for-10 (the "Reverse Stock Split"). Accordingly, on October 22, 2020, the Company filed a Certificate of Amendment (the "Certificate of Amendment") t

NEW YORK, Oct. 21, 2020 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (the “Company” or “MCC”) announced today that, it has caused notices to be issued to the holders of its 6.500% Notes due 2021 (NYSE: MCX) (the “Notes”) regarding the Company’s exercise of its option to redeem, in whole, the issued and outstanding Notes, pursuant to Section 1104 of the Indenture date as of February 7, 2012, between the Company and U.S. Bank National Association, as trustee, and Section 101(h) of the Third Supplemental Indenture dated as of December 17, 2015. The Company will redeem $74,012,825 in aggregate principal amount of the issued and outstanding Notes on November 20, 2020 (the “Redempt

NEW YORK, Oct. 12, 2020 /PRNewswire/ -- Medley Management Inc. (NYSE: MDLY, MDLX and MDLQ) (the "Company") is issuing this press release in light of unusual trading activity related to the common shares of the Company. While the Company does not normally comment on market activity, the Company confirms that it is not aware of any undisclosed material change in the business, operations or affairs of the Company that would account for the recent increase in trading activity, and related increase in trading price. Investor Contact: Sam AndersonHead of Capital Markets & Risk ManagementMedley Management Inc.212-759-0777 Media Contact: Jonathan Gasthalter/Nathaniel GarnickGasthalter & Co. LP21

NEW YORK, Oct. 09, 2020 (GLOBE NEWSWIRE) -- The Special Committee of the Board of Directors of Medley Capital Corporation (NYSE: MCC) (“MCC”) is pleased to announce that on October 8, 2020, MCC, MCC Senior Loan Strategy JV I LLC (the “MCC JV”), the other holder of membership interests in the MCC JV (the “Other MCC JV Member”), and an affiliate of Golub Capital LLC (“Golub”) entered into a Membership Interest Purchase Agreement (“the Agreement”) pursuant to which a private fund affiliated with and managed by Golub concurrently purchased all of MCC’s interest in the MCC JV and all of the Other MCC JV Member’s interest in the MCC JV for a total purchase price of $156.4 million (subject to var