Mount Logan Capital Inc Announces First Quarter 2023 Financial Results streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Mount Logan Capital Inc. announces that it has completed its previously announced acquisition of 100% of the equity of Ability Insurance Company for a purchase price of $20 million comprised of the issuance of an unsecured promissory note in the amount of $15 million and $5 million of common shares of Mount Logan. The transaction has been approved by both the.
Mount Logan Capital Inc Enters into Corporate Credit Facility for up to US$25,000,000 leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.
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TORONTO, April 21, 2021 (GLOBE NEWSWIRE) Mount Logan Capital Inc. (NEO: MLC) (“Mount Logan,” “MLC,” “our,” “we,” or the “Company”) announces that it and its wholly-owned subsidiary, Mount Logan Management LLC (“ML Management”), have entered into a definitive agreement (the “Agreement”) for the acquisition by ML Management of certain assets from Capitala Investment Advisors, LLC (“CIA”) and whereby ML Management will become the investment adviser of Capitala Finance Corp. (“Capitala”). Capitala is a U.S. publicly traded business development company (“BDC”) traded under NASDAQ:CPTA with approximately $328 million of total assets as of December 31, 2020. Capitala primarily invests in first lien loans and, to a lesser extent, second lien loans and equity securities issued by U.S. middle market companies.