Buongiorno Arky, la buriana si è scatenata sui titoli Medley perchè viene messa in dubbio la fusione annunciata tra MDLY, MCC e Sierra. Azionisti di minoranza di MCC si oppongono ritenendosi danneggiati. Sui bond MDLY, maggiori beneficiari della fusione, sono scattate vendite (-20% in tre giorni). Nella notte l'i.r. di MDLY ha diffuso un comunicato:
12/21/2018 | 05:47pm EST
NEW YORK, Dec. 21, 2018 -- Medley Management Inc. (NYSE: MDLY), an alternative asset management firm, today announced that it committed over $675 million of capital to U.S. middle market companies in the first nine months of 2018.
Investments include:
- A senior secured 1st lien loan to a manufacturer of high performance, in-room air conditioning products
- A senior secured 1st lien loan to a platform of managed service providers offering outsourced IT services to small and medium sized businesses
- A senior secured 1st lien loan to a leading provider of remote tank monitoring solutions serving industrial gas and propane suppliers worldwide
- A senior secured 1st lien loan to a leading consumer data analytics and supply chain management company
- A senior secured 1st lien loan to an aggregator of specialized and vertically oriented software businesses
"In the first nine months of 2018, we provided capital to companies operating in more than 30 industries in the U.S. We are well positioned for the current market environment and are actively looking for attractive investment opportunities," said Brook Taube, CEO of Medley. "Our combination of permanent capital and long-dated institutional funds makes us a reliable source of capital for our corporate partners."
About Medley
Medley is an alternative asset management firm offering yield solutions to retail and institutional investors. Medley's national direct origination franchise is a premier provider of capital to the middle market in the U.S. Medley has $4.8 billion of assets under management in two business development companies, Medley Capital Corporation (NYSE: MCC) (TASE: MCC) and Sierra Income Corporation, a credit interval fund, Sierra Total Return Fund (NASDAQ: SRNTX) and several private investment vehicles. Over the past 15 years, Medley has provided capital to over 400 companies across 35 industries in North America.1
Medley LLC, the operating company of Medley Management Inc., has outstanding bonds which trade on the NYSE under the symbols (NYSE: MDLX) and (NYSE: MDLQ). Medley Capital Corporation is dual-listed on the New York Stock Exchange (NYSE: MCC) and the Tel Aviv Stock Exchange (TASE: MCC) and has outstanding bonds which trade on both the New York Stock Exchange under the symbols (NYSE: MCV), (NYSE: MCX) and the Tel Aviv Stock Exchange under the symbol (TASE: MCC.B1).
