KCAP Financial to redeem $5 million of 7.375% notes due 2020 Sept. 23

By Wendy Van Sickle

Columbus, Ohio, Aug. 25 – KCAP Financial, Inc. will redeem $5 million of its outstanding 7.375% senior notes due Sept. 30, 2019, according to a filing with the Securities and Exchange Commission.

The notes will be redeemed Sept. 23 with the redemption to be effected by lot.

U.S. Bank NA is the trustee.

KCAP Financial is a New York-based business development company that originates, structures and invests in senior secured term loans, mezzanine investments and selected equity securities in middle market companies.

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