Search the web
Welcome, Guest
[Sign Out, My Account]

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
SUNS > SEC Filings for SUNS > Form 8-K on 9-Nov-2012All Recent SEC Filings

Show all filings for SOLAR SENIOR CAPITAL LTD.



Entry into a Material Definitive Agreement, Creation of a Direct Financ

Item 1.01 Entry Into a Material Definitive Agreement.

On November 7, 2012, Solar Senior Capital Ltd. (the "Company") announced that its wholly owned financing subsidiary, SUNS SPV LLC, has amended its $200 million senior secured revolving credit facility (the "Credit Facility"). As a result of this amendment, the stated interest rate on the Credit Facility was reduced to LIBOR plus 2.00% from LIBOR plus 2.25%, and the Credit Facility will continue to have no LIBOR floor requirement. In addition, this amendment reduced certain non-usage fees. This amendment also allows for greater flexibility for the Company and extends the final maturity date to November 1, 2017.

Borrowing under the Credit Facility continues to be subject to the leverage restrictions contained in the Investment Company Act of 1940, as amended.

On November 7, 2012, the Company issued a press release announcing its entry into this amendment to the Credit Facility, a copy of which is attached hereto as Exhibit 99.1.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The disclosure set forth above under Item 1.01 is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(a) Not applicable.

(b) Not applicable.

(c) Not applicable.

(d) Exhibits.

No. Description

99.1 Press release, dated November 7, 2012.

  Add SUNS to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for SUNS - All Recent SEC Filings
Copyright © 2016 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.