Harvest Capital Credit Corporation 7% Notes Due 2020
By: Tim McPartland,
Date Issued 1/23/2015
Shares Issued 1,000,000 Overallotment Shares 100,000
S&P Rating NR
Security Ticker Symbol HCAPL
Market Traded ON NASDAQ
Interest Payment Paid on the 16th of January, April, July and October beginning 4/16/2015
Quarterly Interest .438 Annual Interest 1.75
Securities may be redeemed, at the issuers option, as early as 01/16/2017 for a redemption price of $25/share plus accrued interest
Interest Payment Will NOT be Qualified Distributions. Payments are interest (not dividends) thus they do not qualify for preferential tax rates.
Maturity Date 01/16/2020
NOTE THAT THIS IS DEBT OF A BUSINESS DEVELOPMENT COMPANY (BDC) AND AS SUCH HAS AN ADDED LEVEL OF SAFETY IN THAT THEY ARE REQUIRED TO HAVE 200% ASSET COVERAGE OF THE DEBT
Company Investor Relations Page for Harvest Capital Credit Corporation
Below you can find the offering Prospectus and or final pricing documents
Connect with Tim McPartland