Oct 19 (Reuters) - OHA Investment Corp :OHA Investment Corp - on Oct 16, its legacy portfolio company Castex has filed for bankruptcy under chapter 11 of U.S. Bankruptcy code.OHA Investment - Castex and its affiliates in bankruptcy have entered into a restructuring support agreement with pre-petition lenders.Says the restructuring support agreement outlines a plan of reorganization for Castex and its affiliates in bankruptcy.OHA Investment says is it is not a party to restructuring support agreement and is exploring all available options for a recovery on its investment in Castex.OHA Investment - as currently proposed, agreement does not provide for any recovery to holders of preferred limited partnership units of Castex.Says it is a holder of preferred limited partnership units in Castex Energy 2005, L.P..
Oct 19 (Reuters) - Technipfmc Plc ::* To acquire Plexus’s Wellhead exploration equipment and services business .* Business will be integrated into the TechnipFMC Surface Technologies segment and will include the transfer of key personnel from Plexus..* Says deal will enable TechnipFMC to be a leading provider of products and services to the global jack up exploration drilling market.
Oct 16 (Reuters) - Myovant Sciences Ltd ::Myovant Sciences secures flexible financing commitments of up to $140 million.Myovant Sciences Ltd - notes mature on October 16, 2023.Myovant Sciences-under terms of agreement with Novaquest, co can request note purchases of up to $60 million at Myovant's discretion through dec 31, 2018.Myovant-Plans to use proceeds to fund ongoing phase 3 development of lead compound relugolix in uterine fibroids, endometriosis & prostate cancer.Myovant Sciences Ltd - financing is comprised of a note purchase commitment of up to $60 million and an equity purchase commitment of up to $40 million.Says hercules term loan facility provides Myovant an additional debt financing capacity of up to $40 million.Myovant Sciences-additionally, novaquest has committed to purchase up to additional $20 million of co shares, at Myovant's discretion through Dec 31, 2018.
Oct 11 (Reuters) - Gladstone Investment Corp :Gladstone Investment - on Oct. 10, 2017, co appointed Nicole Schaltenbrand to serve in a temporary capacity as Acting Principal Financial Officer.Gladstone Investment-Nicole Schaltenbrand appointment was made in consideration of co's current CFO taking temporary family medical leave of absence.Gladstone Investment- Julia Ryan's temporary leave of absence to end in Jan 2018 after which she will return to her position as CFO & Treasurer.
Oct 11 (Reuters) - Takara Leben Infrastructure Fund Inc <9281.T>:Says it will acquire Ibaraki-based property for 21 million yen on Oct. 12 .
Oct 10 (Reuters) - Gladstone Capital Corp :Karpus Management reports a 13.24 percent passive stake in Gladstone Capital Corp as of September 30, 2017- SEC filing.
Oct 10 (Reuters) - Golub Capital BDC Inc : :Golub Capital BDC Inc - originated $128.9 million in new middle-market investment commitments during three months ended September 30, 2017.Golub Capital BDC - total investments at fair value estimated to have decreased by about 6.5%, or $116.8 million, during 3 months ended September 30, 2017.
Oct 10 (Reuters) - MVC CapitalInc :MVC Capital board of directors details plan to increase shareholder distributions.MVC Capital Inc - board has approved an 11% increase in company's quarterly dividend.MVC Capital Inc - beginning this month with Q4 dividend, MVC will increase its quarterly dividend to $0.15 per share from $0.135 per share.MVC Capital Inc - MVC is actively exploring opportunities to repurchase common shares.MVC Capital Inc - co's strategy to increase shareholder distributions will further reduce discount of company's share price to net asset value (NAV).