Equity Overview
Price & Market Data
Price: $16.70
Daily Change: -$0.06 / 0.36%
Range: $16.68 - $17.39
Market Cap: $44,354,700
Volume: 18,515
Performance Metrics
1 Week: -3.05%
1 Month: -6.70%
3 Months: -28.78%
6 Months: -32.53%
1 Year: -25.21%
YTD: -33.17%
Details
Logan Ridge Finance Corporation, formerly known as, Capitala Finance Corp. is a Business Development Company specializing in senior subordinated debt and unitranche debt, unitranche loan, first-lien and second-lien loans, lower middle market and middle market, equity co-investment in sponsored companies. The fund targets companies in the Aerospace, defense, business services, education, food and beverage, Industrial & Environmental Services, logistics, distribution, media, telecommunication, manufacturing, consumer goods and health-care industries. It typically considers investments in the United States. The fund invests $5 million and $50 million per transaction in companies with EBITDA between $5 million to $50 million and enterprise value less than $250 million. The fund makes minority equity co-investments, alongside management or financial sponsors.