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Medley Capital Corporation 6.50% Notes Due 2021

Tim McPartland | December 16, 2015
Date Issued  12/15/2015Shares Issued  2,800,000  Overallotment Shares  420,000S&P Rating  NR   Moodys Rating   NRSecurity Ticker Symbol  MCX    Market Traded ON   NYSEInterest Payment Paid the 30th of January, April, July and October beginning on 04/30/2016Quarlterly Interest   .406   Annual Interest   1.625Securities may be redeemed, at the issuers option, as early as 1/30/2019 for a redemption price of $25/share plus accrued interestDividend Payments are NOT a Qualified Distribution--payments…

THL Credit Inc. 6.75% Notes Due 2022

Tim McPartland | December 15, 2015
Date Issued    12/10/2015Shares Issued  1,220,000   Overallotment Shares   180,000S&P Rating  NR      Moodys Rating  NRSecurity Ticker Symbol   TCRZMarket Traded ON   NYSEInterest Payment Paid on the 30th of March, June, September and December beginning on 03/30/2016Quarterly Interest   .422   Annual Interest   1.688Securities may be redeemed, at the issuers option, as early as 12/30/2018 for a redemption price of $25/share plus accrued…

Eagle Point Credit Co. 7% Notes Due 12/31/2020

Tim McPartland | December 15, 2015
Date Issued  12/01/2015Shares Issued  1,000,000  Overallotment Shares  150,000S&P Rating  NR   Moodys Rating   NRSecurity Ticker Symbol  ECCZ    Market Traded ON   NYSEInterest Payment Paid the last day of March, June, September and December beginning on 03/31/2016Quarlterly Interest   .4375   Annual Interest   1.75Securities may be redeemed, at the issuers option, as early as 12/31/2017 for a redemption price of $25/share plus accrued interestDividend Payments are NOT…

Ex Dividend Date

admin | December 15, 2015
Ex-dividend date is normally set for stocks two business days prior to the record date. If investors purchase a stock on or after its ex-dividend date, they will not receive the dividend payment. If investors purchase a stock prior to its ex-dividend date, they will receive the dividend payment. The major exchanges require four business days prior to the Record…

Musings on the Income Markets

Tim McPartland | December 15, 2015
Last week was a wild and crazy week for most equity markets around the world and we are expecting more of the same for the next week or two as the FED ponders raising the Fed Funds rate (the interest rate that financial institutions charge one another on overnight lending).  If the Fed raises rates the markets will begin guessing…
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