Brief: Stellus Capital Investment Says Unfunded Commitments Were About $27.6 Mln At June 30, 2020

Stellus Capital Investment

08/07/2020 11:16

July 8 (Reuters) - Stellus Capital Investment Corp  SCM.N :
    * STELLUS CAPITAL INVESTMENT CORPORATION PROVIDES AN UPDATE
ON ITS
SECOND FISCAL QUARTER RESULTS
    * STELLUS CAPITAL INVESTMENT CORP - CASH BALANCES AT JUNE
30, 2020
WERE APPROXIMATELY $23 MILLION OF WHICH APPROXIMATELY $19.5
MILLION WAS AT SBIC SUBSIDIARIES
    * STELLUS CAPITAL INVESTMENT CORP - UNFUNDED COMMITMENTS
WERE
APPROXIMATELY $27.6 MILLION AT JUNE 30, 2020
    * STELLUS CAPITAL INVESTMENT CORP - NET ASSET VALUE IS
EXPECTED TO
INCREASE FOR Q2 BASED ON TIGHTENING CREDIT SPREADS SINCE MARCH
31, 2020

Source text for Eikon:  ID:nPn7n2xzGa 
Further company coverage:  SCM.N 

 ((Reuters.Briefs@thomsonreuters.com;))