Monroe Capital Corp. Stock News

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”), a premier asset management firm, is pleased to announce the appointment of Dimitri Stathopoulos as Head of Business Development - Americas. This strategic leadership addition underscores Monroe's commitment to scaling its platform and achieving its growth goals. Mr. Stathopoulos brings over two decades of experience in institutional fundr...

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns ratings of BBB- to Monroe Capital Income Plus Corporation's ("MCIP" or "the company") $42 million, 6.20% senior unsecured notes due July 10, 2028, and its $161 million, 6.57% senior unsecured notes due July 10, 2030. The rating Outlook is Stable. Proceeds will be used to repay secured debt. Key Credit Considerations The ratings are s...

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns ratings of BBB- to Monroe Capital Income Plus Corporation's ("MCIP" or "the company") $42 million, 6.20% senior unsecured notes due July 10, 2028, and its $161 million, 6.57% senior unsecured notes due July 10, 2030. The rating Outlook is Stable. Proceeds will be used to repay secured debt. Key Credit Considerations The ratings are s...

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”), on behalf of its investment funds, announced today that it has led a $100 million minority equity investment in NFS Capital, LLC (“NFS”). Founded in 2006, NFS is a leading provider of flexible equipment financing and asset-backed loans to small and mid-sized businesses across the U.S. and Canada. Since inception, the company has deployed ...

High-income investors face limited options for sustainable, high-yield investments, with traditional asset classes often highly correlated and yields rarely exceeding 7-9%. Business Development Companies (BDCs) offer attractive yields averaging 12.8%, with several high-quality players maintaining dividends even through challenging periods like COVID-19. However, rising interest rates pose a sig...

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) and AIP Capital (“AIP”) have announced a venture wherein Monroe will seek to acquire a diversified aircraft leasing portfolio of up to $1 billion of investments, consisting of mid-life aircraft on long term lease to airlines globally. Monroe will provide the investment capital and has identified AIP to act as servicer of the assets. Monroe...

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the investment in Residence by Gemspring Capital Management, LLC. Founded in 2022 and headquartered in Los Angeles, CA, Residence is a global network of creative companies that provide premium design & animation, experien...

Currently, an average BDC trades at an 8% discount to NAV. However, those with high dividend cut probabilities have 20%+ discounts. Many of these heavily punished BDCs are busts.