Monroe Capital (MRCC) Stock

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of You First by The Gersh Agency, Inc. (“Gersh”), a portfolio company of Crestview Partners. Founded in 1949 and based in Beverly Hills, CA, Gersh is a full-service talent agency that represents a leading roster of actors, writers, directors, comedians and other entertainment professionals in television, f.

CHICAGO, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that its Board of Directors has declared a distribution of $0.25 per share for the fourth quarter of 2024, payable on December 30, 2024 to stockholders of record as of December 16, 2024. In October 2012, the Company adopted a dividend reinvestment plan that provides for reinvestment of distributions on behalf of its stockholders, unless a stockholder elects to receive cash prior to the record date. When the Company declares a cash distribution, stockholders who have not opted out of the dividend reinvestment plan prior to the record date will have their distribution automatically reinvested in additional shares of the Company's capital stock. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of DE-YAN by Shamrock Capital. Founded in 2014 and headquartered in New York City, NY, DE-YAN is an experiential studio that provides design, production, and integrated strategy services for live marketing events including product launches, conferences and brand activations. The Company specializes in inco.

Monroe Capital (NASDAQ:MRCC ) Q3 2024 Earnings Call Transcript November 13, 2024 11:00 AM ET Company Participants Ted Koenig - CEO Mick Solimene - CFO and CIO Alex Parmacek - Deputy Portfolio Manager Conference Call Participants Christopher Nolan - Ladenburg Thalmann Robert Dodd - Raymond James Operator Welcome to Monroe Capital Corporation's Third Quarter 2024 Earnings Conference Call. Before we begin, I would like to take a moment to remind our listeners that remarks made during this call today may contain certain forward-looking statements, including statements regarding our goals, strategies, beliefs, future potential, operating results and cash flows, although we believe these statements are reasonable based on management's estimates, assumptions and projections as of today, November 13, 2024.

Monroe Capital (MRCC) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.25 per share a year ago.

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced the closing of its inaugural collateralized fund obligation (“CFO”) known as Monroe Capital CFO I, Ltd. The $315 million CFO provides investors access to a diversified portfolio of Monroe's strategies, including Monroe's flagship senior secured direct lending and alternative credit solutions platforms, in both rated and non-rated securities. Seth Friedman, Head of Structured Solutions for Monroe said, “We are thrilled to cl.

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by Monroe Capital Income Plus ABS Funding II, LLC (“MCIP II”), a securitization backed by a portfolio of recurring revenue and middle market corporate loans. Monroe Capital Income Plus ABS Funding II, LLC is a $255.0 million securitization managed by Monroe BDC Advisors, LLC (“Monroe” or the “Collateral Manager”), an affiliate of Monroe Capital LLC. The securitization consists of $163.2 million of Class.

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) has been selected by Inc. Magazine's 2024 List of Founder-Friendly Investors. The list honors Lenders, Venture Capital and Private Equity firms with a track record of backing founder-led companies and helping them achieve success. As a founder-led business itself, Monroe understands that the key to success lies in supporting visionary leaders and their organization. The firm's investment strategy includes providing a partnership for founde.

CHICAGO, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its third quarter ended September 30, 2024 financial results on Tuesday, November 12, 2024, after the close of the financial markets.