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Franklin BSP Lending Corp Create: Alert

All | News | Filings
Date FiledTypeDescription
11/08/2012 8-K Quarterly results
Docs: "Business Development Corporation of America Announces Third Quarter 2012 Results from Operations New York, New York, November 8, 2012 ˗ Business Development Corporation of America announced results of operations for the third quarter ended September 30, 2012. The Company commenced operations on August 25, 2011, subsequent to raising sufficient funds to meet escrow break requirements. For the three months ended September 30, 2012, BDCA acquired 34 individual investments at a total cost of $67.9 million and received proceeds of $39.2 million from loan repayments and the sale of certain investments. The Company realized gains of $0.3 million in connection with those sales. BDCA generated portfolio net investment income of $1.7 million, excluding realized gains and losses, during the thre..."
08/07/2012 8-K Quarterly results
Docs: "Business Development Corporation of America Announces Second Quarter 2012 Results from Operations , August 6, 2012 ˗ Business Development Corporation of America announced results of operations for the second quarter ended June 30, 2012. The Company commenced operations on August 25, 2011, subsequent to raising sufficient funds to meet escrow break requirements. For the six months ended June 30, 2012, BDCA acquired $80.4 million of investments, in 37 individual investments. In addition, BDCA received proceeds of $23.5 million during this period from selling certain investments and repayments. The Company realized gains of $0.6 million from exiting such investments. Net investment income of $1.4 million was generated during the six months ended June 30, 2012, excluding realized and unre..."
05/23/2012 8-K Quarterly results
Docs: "Business Development Corporation of America Announces First Quarter 2012 Results from Operations , May 23, 2012 ˗ Business Development Corporation of America announced results of operations for the first quarter ended March 31, 2012. The Company commenced operations on August 25, 2011, subsequent to raising sufficient funds to meet escrow break requirements. For the three months ended March 31, 2012, BDCA acquired $24.0 million of investments, at fair value, in 31 individual investments. In addition, BDCA received proceeds of $5.9 million during this period from selling certain investments and repayments. The Company realized a gain of $0.1 million from exiting such investments. Net investment income of $357,000 was generated during the first quarter of 2012, excluding realized and un..."

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