Correct me if I am wrong, but the $145 million debt absorption by SLRC is a liability addition to the balance sheet and is a productive liability because it is that debt that helped fund the loans issued by Crystal which in turn produce the NII and subsequently the dividends. The actual cash outlay by SLRC for this acquisition is $275 million and they have plenty of dry powder to pay that $275. Now, in the accounting world there may be an adjustment to the income statement to get that liability on the SLRC balance sheet, but given the growth to SLRC this acquisition will provide, we shouldn't be too bothered.
I have been doing a few numbers with what little information we have, and this looks like a sweet deal to me.
Jan
Recent SLRC News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/19/2024 08:15:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2024 09:00:12 PM
- SLR Investment Corp. Announces Quarter Ended June 30, 2024 Financial Results • GlobeNewswire Inc. • 08/07/2024 08:07:44 PM
- Inuvo Secures $10 Million Credit Line from SLR Digital Finance • GlobeNewswire Inc. • 07/31/2024 12:00:00 PM
- SLR Capital Partners Appoints Scottie Bevill as Senior Advisor • PR Newswire (US) • 07/17/2024 01:01:00 PM
- SLR Investment Corp. Schedules the Release of its Financial Results for the Quarter Ended June 30, 2024 • GlobeNewswire Inc. • 07/01/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 08:15:17 PM
- SLR Investment Corp. Announces Quarter Ended March 31, 2024 Financial Results • GlobeNewswire Inc. • 05/08/2024 08:01:00 PM
- SLR Investment Corp. Schedules the Release of its Financial Results for the Quarter Ended March 31, 2024 • GlobeNewswire Inc. • 04/01/2024 12:00:00 PM
- Form 40-17G - Fidelity Bond [Rule 17G-1(g)] • Edgar (US Regulatory) • 03/08/2024 05:30:54 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/27/2024 09:53:22 PM
- SLR Investment Corp. Announces Quarter and Year Ended December 31, 2023 Financial Results • GlobeNewswire Inc. • 02/27/2024 09:01:00 PM
- SPR® Therapeutics Announces $85 Million in Additional Funding to Advance Rapid Commercial Expansion of the SPRINT® PNS System • GlobeNewswire Inc. • 02/01/2024 02:00:00 PM
- SLR Investment Corp. Schedules the Release of its Financial Results for the Quarter and Fiscal Year Ended December 31, 2023 • GlobeNewswire Inc. • 01/08/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/16/2023 09:04:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/07/2023 09:20:32 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/07/2023 09:12:10 PM
- SLR Investment Corp. Announces Quarter Ended September 30, 2023 Financial Results • GlobeNewswire Inc. • 11/07/2023 09:03:00 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 10/04/2023 08:03:56 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 10/04/2023 08:01:27 PM
- SLR Investment Corp. Schedules the Release of its Financial Results for the Quarter Ended September 30, 2023 • GlobeNewswire Inc. • 09/29/2023 12:00:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM