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SOURCE Alcentra Capital Corporation
NEW YORK, June 25, 2014 /PRNewswire/ -- Alcentra Capital Corporation (the "Alcentra") (NASDAQ Global Select Market: ABDC) announced today the declaration of its initial dividend of $0.178 per share for the 48-day period from May 14, 2014, to June 30, 2014, payable on July 7, 2014 to the stockholders of record as of June 30, 2014. The initial dividend reflects a quarterly dividend rate of $0.34 per share.
About Alcentra Capital Corporation
Alcentra (www.alcentracapital.com) is an externally-managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. Alcentra's investment objective is to generate both current income and capital appreciation primarily by making direct investments in lower middle-market companies in the form of subordinated debt and, to a lesser extent, senior debt and minority equity investments. Alcentra's investment activities are managed by its investment adviser, Alcentra NY, LLC.
About Alcentra NY, LLC
Alcentra NY is part of Alcentra Group, one of the world's leading sub-investment grade credit asset managers focusing on the U.S. and European markets. The group has an investment track record that dates back to 1998 and spans across 50 separate investment funds totaling approximately $23 billion (including assets managed by Alcentra personnel for affiliates under dual officer arrangements). Alcentra Group has more than 90 employees across offices in London, New York, Boston and Singapore and is approximately 100 percent owned by BNY Mellon. BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle.
Statements included herein may contain "forward-looking statements," which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission including the preliminary prospectus dated April 28, 2014 and the final prospectus that will be filed with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein except as required by law. All forward-looking statements speak only as of the date of this press release.
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