CHARLOTTE, N.C.--(BUSINESS WIRE)--
Capitala Finance Corp. ("Capitala" or the "Company") (Nasdaq: CPTA)
announced today that it recently invested $25.0 million in two new
investments.
On September 2, 2016, the Company invested $5.0 million in the second
lien debt of California Pizza Kitchen, Inc. ("CPK"). Founded in 1985,
CPK is a leading casual dining chain featuring an imaginative line of
hearth-baked pizzas, including the original BBQ Chicken Pizza, and a
broad selection of distinctive pastas, salads, appetizers, soups,
sandwiches and desserts across 265 company-owned and franchised
locations.
On September 9, 2016, the Company invested $20.0 million in the first
lien debt of AmeriMark Holdings, LLC ("AmeriMark"), parent company of
AmeriMark Direct LLC and Dr. Leonard's Healthcare Corp. Founded in 1969,
AmeriMark is a catalog and e-commerce direct marketer of apparel,
healthcare, general merchandise and As Seen On TV products. AmeriMark
sells its merchandise through ten branded catalog properties and six
websites.
About Capitala Finance Corp.
Capitala Finance Corp. is a business development company that invests
primarily in traditional mezzanine, senior subordinated and unitranche
debt, as well as senior and second-lien loans and, to lesser extent,
equity securities issued by lower and traditional middle-market
companies. Capitala Finance Corp. is managed by Capitala Investment
Advisors, LLC. For more information, please visit www.CapitalaGroup.com.
Forward-Looking Statements
This press release contains certain forward-looking statements. Words
such as "believes," "intends," "expects," "projects," "anticipates," and
"future" or similar expressions are intended to identify forward-looking
statements. These forward-looking statements are not guarantees of
future performance, condition or results and involve a number of risks
and uncertainties. Actual results may differ materially from
those in the forward-looking statements as a result of a number of
factors, including those described from time to time in the Capitala's
filings with the Securities and Exchange Commission. Capitala
Finance Corp. undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required by law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160912005054/en/
Capitala Finance Corp.
Stephen Arnall, Chief Financial Officer,
704-376-5502
sarnall@capitalagroup.com
Source: Capitala Finance Corp.
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