First Eagle Alternative Capital BDC, Inc. Schedules Earnings Release and Conference Call for the Third Quarter Ended September 30, 2021
First Eagle Alternative Capital BDC, Inc. (NASDAQ: FCRD) will release its financial results for Q3 2021 on November 4, 2021.
Sentiment and the balance of points
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Rhea-AI Summary
First Eagle Alternative Capital BDC, Inc. (NASDAQ: FCRD) will release its financial results for Q3 2021 on November 4, 2021. A conference call to discuss these results is scheduled for November 5, at 9:30 a.m. ET. The Company focuses on generating income and capital appreciation through investments in middle market companies, primarily by offering first lien senior secured loans. FCRD targets companies with annual EBITDA between $5 million and $25 million and has a diverse investment strategy that includes second lien loans and equity co-investments.
Positive
- Focus on middle market companies with EBITDA between $5 million and $25 million.
- Investment strategy includes first lien senior secured loans and direct equity co-investments.
- Scheduled conference call provides opportunity for investor engagement.
Negative
- None.
Details
News Market Reaction – FCRD
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BOSTON, Oct. 12, 2021 (GLOBE NEWSWIRE) -- First Eagle Alternative Capital BDC, Inc. (NASDAQ: FCRD) (the “Company") today announced that it will report its financial results for the third fiscal quarter ended September 30, 2021, after the market closes on Thursday, November 4, 2021.
The Company will host a conference call to discuss these results and its business outlook on Friday, November 5, 2021, at 9:30 a.m. Eastern Time. For those wishing to participate by telephone, please dial (877) 375-9141 (domestic) or (253) 237-1151 (international) and use passcode 1280458. The Company will also broadcast the conference call live via the Investor Relations section of its website at www.feacbdc.com. Starting approximately two hours after the conclusion of the call, a replay will be available through Monday, November 15, 2021, by dialing (855) 859-2056 (domestic) or (404) 537-3406 (international) and entering passcode 1280458. The replay will also be available on the Company’s website.
About First Eagle Alternative Capital BDC, Inc.
First Eagle Alternative Capital BDC, Inc. (NASDAQ: FCRD) is a closed-end management investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. The Company’s investment objective is to generate both current income and capital appreciation, primarily through investments in privately negotiated debt and equity securities of middle market companies. The Company is a direct lender to middle market companies and invests primarily in directly originated first lien senior secured loans, including unitranche investments. In certain instances, the Company also makes second lien secured loans and subordinated or mezzanine, debt investments, which may include an associated equity component such as warrants, preferred stock or other similar securities and direct equity co-investments. The Company targets investments primarily in middle market companies with annual EBITDA generally between
Forward-Looking Statements
Statements made in this press release may constitute forward-looking statements. Such statements reflect various assumptions by the Company concerning anticipated results and are not guarantees of future performance. The accuracy of such statements involves known and unknown risks, uncertainties and other factors that, in some ways, are beyond management’s control, including the factors described from time to time in filings by the Company with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statements made herein. All forward-looking statements speak only as of the date of this press release.
Investor Contact:
Leigh Crosby
(212) 829-3105
feac.ir@feim.com
Media Contact:
Charlyn Lusk
(646) 502-3549
clusk@stantonprm.com
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