Capitala Finance (CPTA) Misses Q2 EPS by 10c

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Go back to Capitala Finance (CPTA) Misses Q2 EPS by 10c

Capitala Finance Corp. Reports Second Quarter 2015 Results

August 10, 2015 8:01 AM EDT

CHARLOTTE, N.C., Aug. 10, 2015 (GLOBE NEWSWIRE) -- Capitala Finance Corp. (Nasdaq: CPTA) ("Capitala" or the "Company") today announced its financial results for second quarter ended June 30, 2015.

Second Quarter Highlights

Completed underwritten offering of 3,500,000 shares for total gross proceeds of approximately $64.1 million Originated $102.8 million of gross investments during the quarter with a weighted average yield on debt investments of 11.6%. Net debt deployments for the quarter were $55.4 million Paid $0.62 of distributions per share during the second quarter for an approximate annualized distribution yield of 13.8%, based on June 30, 2015 net asset value per... More