Garrison Capital Inc. Declares Third Quarter 2020 Distribution of $0.05 Per Share and Announces Second Quarter 2020 Financial...
August 10 2020 - 5:03PM
Garrison Capital Inc. (the “Company”), a business development
company (Nasdaq: GARS), today announced its financial results for
the second quarter and three months ended June 30, 2020. Net
investment income for the first quarter was $1.8 million, or
$0.11 per share, and the net decrease in net assets resulting
from operations was $2.7 million, or $0.17 per share. The
Company’s Board of Directors declared a third quarter distribution
of $0.05 per share payable on September 25, 2020 to stockholders of
record as of September 11, 2020.
The Company will not be hosting an earnings
conference call to discuss its second quarter financial
results. The Company has issued a full detailed presentation
of its second quarter 2020 results, which can be viewed
at www.garrisoncapitalbdc.com.
ABOUT GARRISON CAPITAL INC.
Garrison Capital Inc. is a business development
company that primarily invests in loans to U.S. based middle-market
companies. The Company’s investment activities are managed by its
investment adviser, Garrison Capital Advisers LLC, an affiliate of
Garrison Investment Group LP (“Garrison Investment Group”). For
more information, go to http://www.garrisoncapitalbdc.com.
ABOUT GARRISON INVESTMENT GROUP
Garrison Investment Group is an alternative
investment and asset management firm founded in March 2007.
Garrison Investment Group invests opportunistically in the debt of
middle-market companies, primarily in the areas of corporate
finance, real estate finance and structured finance. For more
information, go to http://www.garrisoninv.com.
FORWARD-LOOKING STATEMENTS
This press release may contain “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995. Statements other than statements of historical
facts included in this press release may constitute forward-looking
statements and are not guarantees of future performance or results
and involve a number of risks and uncertainties. Actual results may
differ materially from those expressed or implied in the
forward-looking statements as a result of a number of factors,
including those described from time to time in filings with the
Securities and Exchange Commission. The Company undertakes no duty
to update any forward-looking statement made herein. All
forward-looking statements speak only as of the date of this press
release.
Contact:
Garrison Capital Inc.Daniel Hahnwww.garrisoncapitalbdc.com(212)
372-9508
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