Equity Overview
Price & Market Data
Price: $18.15
Daily Change: $0.00 / 0.00%
Range: $0 - $0
Market Cap: $48,204,320
Volume: 0
Performance Metrics
1 Week: 0.97%
1 Month: -18.79%
3 Months: -24.41%
6 Months: -25.46%
1 Year: -19.23%
YTD: -27.37%
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.