Skip to main content

Garrison Capital Inc. Declares Third Quarter 2020 Distribution of $0.05 Per Share and Announces Second Quarter 2020 Financial Results

Written by Customer Service on . Posted in Public Companies.

NEW YORK, Aug. 10, 2020 (GLOBE NEWSWIRE) — Garrison Capital Inc. (the “Company”), a business development company (Nasdaq: GARS), today announced its financial results for the second quarter and three months ended June 30, 2020. Net investment income for the first quarter was $1.8 million, or $0.11 per share, and the net decrease in net assets resulting from operations was $2.7 million, or $0.17 per share. The Company’s Board of Directors declared a third quarter distribution of $0.05 per share payable on September 25, 2020 to stockholders of record as of September 11, 2020.
The Company will not be hosting an earnings conference call to discuss its second quarter financial results.  The Company has issued a full detailed presentation of its second quarter 2020 results, which can be viewed at www.garrisoncapitalbdc.com.ABOUT GARRISON CAPITAL INC.Garrison Capital Inc. is a business development company that primarily invests in loans to U.S. based middle-market companies. The Company’s investment activities are managed by its investment adviser, Garrison Capital Advisers LLC, an affiliate of Garrison Investment Group LP (“Garrison Investment Group”). For more information, go to http://www.garrisoncapitalbdc.com.ABOUT GARRISON INVESTMENT GROUPGarrison Investment Group is an alternative investment and asset management firm founded in March 2007. Garrison Investment Group invests opportunistically in the debt of middle-market companies, primarily in the areas of corporate finance, real estate finance and structured finance. For more information, go to http://www.garrisoninv.com.FORWARD-LOOKING STATEMENTSThis press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. 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 risks and uncertainties. Actual results may differ materially from those expressed or implied in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.Contact:Garrison Capital Inc.
Daniel Hahn
www.garrisoncapitalbdc.com
(212) 372-9508

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.