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Closed End Funds

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John Laing signs agreement for acquisition of portfolio of five UK PPP projects

Monday, 23 Oct 2017

Oct 23 (Reuters) - JOHN LAING INFRASTRUCTURE FUND LTD ::AGREEMENT OF ACQUISITION.SIGNED AGREEMENTS WITH RESPECT TO ACQUISITION OF A PORTFOLIO OF FIVE UK PPP PROJECTS FROM JOHN LAING GROUP PLC​.‍COMBINED CONSIDERATION OF APPROXIMATELY £141.2 MILLION WILL BE FINANCED BY DRAWING ON JLIF'S REVOLVING CREDIT FACILITY​.‍WEIGHTED AVERAGE REMAINING CONCESSION LENGTH OF FIVE PROJECTS IS 19.3 YEARS, IN LINE WITH EXISTING​.‍ALL PROJECTS ARE FULLY OPERATIONAL WITH EXCEPTION OF IEP PHASE 1 PROJECT WHICH REMAINS IN ITS DELIVERY PHASE​.

OHA Investment Corp - ‍on Oct 16, legacy portfolio company Castex has filed for bankruptcy

Thursday, 19 Oct 2017

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..

TechnipFMC to buy Plexus’ exploration wellhead business

Thursday, 19 Oct 2017

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.

Myovant Sciences secures flexible financing commitments

Monday, 16 Oct 2017

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​.

Gladstone Investment appoints Nicole Schaltenbrand as Acting Principal Financial Officer​

Wednesday, 11 Oct 2017

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​.

Takara Leben Infrastructure Fund to acquire Ibaraki-based property for 21 mln yen

Wednesday, 11 Oct 2017

Oct 11 (Reuters) - Takara Leben Infrastructure Fund Inc <9281.T>:Says it will acquire Ibaraki-based property for 21 million yen on Oct. 12 .

Karpus Management reports 13.24 pct passive stake in Gladstone Capital Corp

Tuesday, 10 Oct 2017

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​.

Golub Capital BDC originated $128.9 mln in new middle-market investment commitments

Tuesday, 10 Oct 2017

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​.

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