Mdly. Medley management........dentro a 0.449 - Pagina 2
I titoli più amati dai trader italiani: a tutta FAANG, ma a svettare è un’altra super big
Microsoft, Facebook, Apple. Ma anche Disney, Mastercard e Netflix. Sono solo alcuni dei titoli su cui gli investitori italiani e globali hanno puntato a giugno secondo eToro. Il portale di …
UBI boccia l’OPS di Intesa: non è conveniente per 6 motivi. Messina medita sul rilancio
L’ops lanciata da Intesa Sanpaolo non è conveniente. E’ il responso del cda odierno di UBI Banca, che conferma le attese della vigilia e apre le strade a due possibili …
BTP Futura, Mef alza velo su tassi cedolari minimi. Tesoro chiama investitori retail, la tentazione del premio fedeltà
ll Mef ha finalmente comunicato i tassi cedolari minimi garantiti della prima emissione del BTP Futura, il titolo di stato italiano offerto interamente agli investitori retail. L'emissione partirà lunedì 6 …
Tutti gli articoli
Tutti gli articoli Tutte le notizie

  1. #11
    L'avatar di Avio
    Data Registrazione
    Jul 2001
    Messaggi
    75,869
    Mentioned
    19 Post(s)
    Quoted
    11690 Post(s)
    Potenza rep
    42949691
    Citazione Originariamente Scritto da roscfh Visualizza Messaggio
    Se sei dentro tu no
    dipende se fa piu 100 si se scende a rotta di collo no

    fol style



    comunque ho gia fatto piu di una volta i complimenti a mastro e non sono qui per denigrare ma solo per scambiare opinioni

  2. #12
    L'avatar di mastrodaniel
    Data Registrazione
    Sep 2005
    Messaggi
    5,077
    Mentioned
    0 Post(s)
    Quoted
    264 Post(s)
    Potenza rep
    42949687
    Citazione Originariamente Scritto da Avio Visualizza Messaggio
    puoi postare il link , l'unico che ho troavto io è quello che ho postato
    Ti posto tutta la trimestrale

    Medley Capital Corporation Announces March 31, 2020 Financial Results
    GlobeNewswireMay 12, 2020, 3:41 AM GMT+7
    NEW YORK, May 11, 2020 (GLOBE NEWSWIRE) -- Medley Capital Corporation (MCC) (MCC) (the “Company”) today announced financial results for the quarter ended March 31, 2020.

    Second Quarter Summary

    Net asset value (“NAV”) of $2.60 per share

    Net investment loss of $(0.08) per share

    The board of directors did not declare a dividend this quarter


    Portfolio Investments

    The total value of our investments was $255.9 million at March 31, 2020. During the quarter ended March 31, 2020, the Company originated $6.6 million of investments and had $20.4 million of repayments and sales, resulting in net repayments and sales of $13.8 million. As of March 31, 2020, the Company had investments in securities of 44 portfolio companies with approximately 41.4% consisting of senior secured first lien investments, 9.9% consisting of senior secured second lien investments, 0.6% consisting of unsecured debt, 16.4% in MCC Senior Loan Strategy JV and 31.7% in equities / warrants. As of March 31, 2020, the weighted average yield based upon the cost basis of our income bearing portfolio investments, excluding cash and cash equivalents, was 8.7%.

    Results of Operations

    For the three months ended March 31, 2020, the Company reported net investment loss per share and net loss per share of $(0.08) and $(1.45), respectively, calculated based upon the weighted average shares outstanding.

    For the six months ended March 31, 2020, the Company reported net investment loss per share and net loss per share of $(0.02) and $(1.37), respectively, calculated based upon the weighted average shares outstanding.

    Investment Income

    For the three months ended March 31, 2020, total investment income was approximately $5.3 million and consisted of $3.5 million of portfolio interest income, $1.7 million of dividend income, and $0.1 million of fee income.

    For the six months ended March 31, 2020, total investment income was approximately $12.8 million and consisted of $8.9 million of portfolio interest income, $3.5 million of dividend income, and $0.4 million of fee income.

    Expenses

    For the three months ended March 31, 2020, total expenses were approximately $9.5 million and consisted of the following: base management fees of $1.6 million, interest and financing expenses of $4.4 million, professional fees of $0.1 million, administrator expenses of $0.6 million, directors’ fees of $0.3 million, and other general and administrative related expenses of $2.5 million.

    For the six months ended March 31, 2020, total expenses were approximately $13.9 million and consisted of the following: base management fees of $3.6 million, interest and financing expenses of $9.6 million, net professional fees of $(4.3) million, administrator expenses of $1.1 million, directors’ fees of $0.6 million, and other general and administrative related expenses of $3.3 million.

    Net Investment Income/Loss

    For the three months ended March 31, 2020, the Company reported net investment loss of $(4.2) million, or $(0.08), on a weighted average per share basis.

    For the six months ended March 31, 2020, the Company reported net investment loss of $(1.1) million, or $(0.02), on a weighted average per share basis.

    Net Realized and Unrealized Gains/Losses

    For the three and six months ended March 31, 2020, the Company reported net realized losses of $(0.1) million and net unrealized depreciation of $(73.6) million and net realized losses of $(1.8) million and net unrealized depreciation of $(69.8) million, respectively.

    For the three and six months ended March 31, 2019, the Company reported a loss on extinguishment of debt of $(0.9) million and $(1.8) million, respectively.

    For the three and six months ended March 31, 2019, the Company reported a change in provision for deferred taxes on unrealized appreciation on investments of $(0.1) million.

    Liquidity and Capital Resources

    During the quarter ended March 31, 2020 the Company repaid a total of $34.9 million on its Series A Israeli Notes (the “Israeli Notes”), which consisted of its scheduled quarterly amortization payment and an additional pre-payment.

    As of March 31, 2020, the Company had $74.0 million outstanding in aggregate principal amount of 6.50% unsecured notes due 2021, $77.8 million outstanding in aggregate principal amount of 6.125% unsecured notes due 2023, and $21.1 million outstanding in aggregate principal amount of the Israeli Notes.

    As of March 31, 2020, the Company had a cash balance of $61.1 million.

    On April 14, 2020 the Company repaid the remaining $21.1 million of Israeli Notes outstanding.

    Dividend Declaration

    The board of directors did not declare a dividend this quarter.

    Financial Statements



    Medley Capital Corporation

    Consolidated Statements of Assets and Liabilities

    (in thousands, except share and per share data)





    March 31, 2020



    September 30, 2019



    (unaudited)





    ASSETS







    Investments at fair value







    Non-controlled/non-affiliated investments (amortized cost of $143,310 and $204,736, respectively)

    $

    112,666





    $

    189,895



    Affiliated investments (amortized cost of $96,626 and $108,310, respectively)

    82,277





    99,540



    Controlled investments (amortized cost of $156,552 and $154,601, respectively)

    60,953





    107,454



    Total investments at fair value

    255,896





    396,889



    Cash and cash equivalents

    61,104





    68,245



    Restricted cash







    16,039



    Other assets

    966





    2,974



    Interest receivable

    489





    1,592



    Receivable for dispositions and investments sold

    12





    419



    Fees receivable

    45





    109



    Total assets

    $

    318,512





    $

    486,267











    LIABILITIES







    Notes payable (net of debt issuance costs of $1,843 and $5,274, respectively)

    $

    171,173





    $

    251,732



    Accounts payable and accrued expenses

    2,258





    11,957



    Interest and fees payable

    802





    2,905



    Management and incentive fees payable

    1,641





    2,231



    Administrator expenses payable

    576





    862



    Deferred revenue

    38





    103



    Due to affiliate

    196





    44



    Deferred tax liability

    86









    Total liabilities

    $

    176,770





    $

    269,834











    NET ASSETS







    Common stock, par value $0.001 per share, 100,000,000 common shares authorized,
    54,474,211 and 54,474,211 common shares issued and outstanding, respectively

    $

    54





    $

    54



    Capital in excess of par value

    673,533





    673,533



    Total distributable earnings/(loss)

    (531,845

    )



    (457,154

    )

    Total net assets

    141,742





    216,433



    Total liabilities and net assets

    $

    318,512





    $

    486,267











    NET ASSET VALUE PER SHARE

    $

    2.60





    $

    3.97























    Medley Capital Corporation

    Consolidated Statements of Operations

    (in thousands, except share and per share data)





    For the three months
    ended March 31



    For the six months
    ended March 31



    2020



    2019



    2020



    2019



    (unaudited)



    (unaudited)



    (unaudited)



    (unaudited)

    INVESTMENT INCOME















    Interest from investments















    Non-controlled/non-affiliated investments:















    Cash

    $

    2,321





    $

    7,510





    $

    5,538





    $

    15,587



    Payment-in-kind

    128





    606





    327





    1,178



    Affiliated investments:















    Cash

    190





    460





    399





    1,212



    Payment-in-kind

    707





    644





    1,654





    1,616



    Controlled investments:















    Cash

    1





    86





    85





    164



    Payment-in-kind

    5





    760





    501





    1,789



    Total interest income

    3,352





    10,066





    8,504





    21,546



    Dividend income

    1,663





    1,992





    3,500





    4,091



    Interest from cash and cash equivalents

    154





    211





    372





    373



    Fee income

    132





    318





    416





    779



    Total investment income

    5,301





    12,587





    12,792





    26,789



















    EXPENSES















    Base management fees

    1,641





    3,084





    3,649





    6,270



    Incentive fees























    Interest and financing expenses

    4,432





    5,899





    9,576





    11,908



    General and administrative

    2,083





    2,881





    2,600





    3,485



    Administrator expenses

    576





    668





    1,128





    1,700



    Insurance

    357





    117





    655





    236



    Directors fees

    297





    376





    612





    669



    Professional fees, net

    131





    10,157





    (4,285

    )



    11,357



    Expenses before management and incentive fee waivers

    9,517





    23,182





    13,935





    35,625



    Management fee waiver























    Incentive fee waiver























    Total expenses net of management and incentive fee waivers

    9,517





    23,182





    13,935





    35,625



    NET INVESTMENT INCOME

    (4,216

    )



    (10,595

    )



    (1,143

    )



    (8,836

    )

















    REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS















    Net realized gain/(loss) from investments















    Non-controlled/non-affiliated investments

    (100

    )



    (10,615

    )



    (158

    )



    (15,799

    )

    Affiliated investments























    Controlled investments













    (1,687

    )



    (51,539

    )

    Net realized gain/(loss) from investments

    (100

    )



    (10,615

    )



    (1,845

    )



    (67,338

    )

    Net unrealized appreciation/(depreciation) on investments















    Non-controlled/non-affiliated investments

    (19,550

    )



    19,352





    (15,802

    )



    20,164



    Affiliated investments

    (15,019

    )



    (3,079

    )



    (5,579

    )



    (5,474

    )

    Controlled investments

    (38,994

    )



    (19,672

    )



    (48,451

    )



    26,920



    Net unrealized appreciation/(depreciation) on investments

    (73,563

    )



    (3,399

    )



    (69,832

    )



    41,610



    Change in provision for deferred taxes on unrealized (appreciation)/depreciation on investments

    (86

    )









    (86

    )







    Net loss on extinguishment of debt

    (895

    )









    (1,784

    )



    (123

    )

    Net realized and unrealized gain/(loss) on investments

    (74,644

    )



    (14,014

    )



    (73,547

    )



    (25,851

    )

    NET INCREASE/(DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

    $

    (78,860

    )



    $

    (24,609

    )



    $

    (74,690

    )



    $

    (34,687

    )

















    WEIGHTED AVERAGE - BASIC AND DILUTED EARNINGS PER COMMON SHARE

    $

    (1.45

    )



    $

    (0.45

    )



    $

    (1.37

    )



    $

    (0.64

    )

    WEIGHTED AVERAGE - BASIC AND DILUTED NET INVESTMENT INCOME PER COMMON SHARE

    $

    (0.08

    )



    $

    (0.19

    )



    $

    (0.02

    )



    $

    (0.16

    )

    WEIGHTED AVERAGE COMMON STOCK OUTSTANDING - BASIC AND DILUTED

    54,474,211





    54,474,211





    54,474,211





    54,474,211



    DIVIDENDS DECLARED PER COMMON SHARE

    $







    $

    0.05





    $







    $

    0.15



































    ABOUT MEDLEY CAPITAL CORPORATION

    Medley Capital Corporation is a closed-end, externally managed business development company ("BDC") that has common stock which trades on the New York Stock Exchange (MCC) and the Tel Aviv Stock Exchange (MCC) and has outstanding bonds which trade on the New York Stock Exchange under the symbols (MCV) and (MCX) . Medley Capital Corporation's investment objective is to generate current income and capital appreciation by lending to privately-held middle market companies, primarily through directly originated transactions, to help these companies expand their businesses, refinance and make acquisitions. Our portfolio generally consists of senior secured first lien loans and senior secured second lien loans. Medley Capital Corporation is externally managed by MCC Advisors LLC, which is an investment adviser registered under the Investment Advisers Act of 1940, as amended. For additional information, please visit Medley Capital Corporation at Index page | Medley Capital Corporation.

    ABOUT MCC ADVISORS LLC

    MCC Advisors LLC is a subsidiary of Medley Management Inc. (NYSE: MDLY, “Medley”). Medley is an alternative asset management firm offering yield solutions to retail and institutional investors. Medley’s national direct origination franchise is a premier provider of capital to the middle market in the U.S. Medley has $4.1 billion of assets under management in two business development companies, Medley Capital Corporation (MCC) (MCC) and Sierra Income Corporation, and several private investment vehicles. Over the past 18 years, we have provided capital to over 400 companies across 35 industries in North America.1 For additional information, please visit Medley Management Inc. at Medley Management Inc. Alternative Asset Management - Welcome.

    Medley LLC, the operating company of Medley Management Inc., has outstanding bonds which trade on the New York Stock Exchange under the symbols (MDLX) and (MDLQ).

    FORWARD-LOOKING STATEMENTS

    This press release contains “forward-looking” statements, including statements regarding any potential exploration of strategic alternatives by the Company. Such forward-looking statements reflect current views with respect to future events and financial performance, and the Company may make related oral forward-looking statements on or following the date hereof. Statements that include the words “should,” “would,” “expect,” “intend,” “plan,” “believe,” “project,” “anticipate,” “seek,” “will,” and similar statements of a future or forward-looking nature identify forward-looking statements in this material or similar oral statements for purposes of the U.S. federal securities laws or otherwise. Forward-looking statements include, but are not limited to, the introduction, withdrawal, success and timing of business initiatives and strategies; changes in political, economic or industry conditions, the interest rate environment or conditions affecting the financial and capital markets, which could result in changes in the value of our assets; the relative and absolute investment performance and operations of MCC Advisors LLC; our business prospects and the prospects of our portfolio companies; uncertainties associated with the impact from the COVID-19 pandemic, including its impact on the global and U.S. capital markets and the global and U.S. economy, the length and duration of the COVID-19 outbreak in the United States as well as worldwide and the magnitude of the economic impact of that outbreak, and the impact of the termination of the Amended and Restated Agreement and Plan of Merger, dated as of July 29, 2019, by and between the Company and Sierra Income Corporation (“Sierra”) and the Amended and Restated Agreement and Plan of Merger, dated as of July 29, 2019, by and among Medley Management Inc., Sierra, and Sierra Management, Inc., on our business, financial results, ability to pay dividends and distributions, if any, to our stockholders, and stock price.

    The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the “Risk Factors” and other sections of the Company’s most recent Annual Report on Form 10-K and most recent Quarterly Report on Form 10-Q. The forward-looking statements in this press release represent the Company’s views as of the date of hereof. The Company anticipates that subsequent events and developments will cause its views to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company does not have any current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing the Company’s views as of any date subsequent to the date of this material.

    SOURCE: Medley Capital Corporation

    Investor Relations Contact:
    Sam Anderson
    Head of Capital Markets & Risk Management
    Medley Management Inc.
    212-759-0777

    Media Contact:
    Jonathan Gasthalter/Nathaniel Garnick
    Gasthalter & Co. LP
    212-257-4170

    ________________________________________ ________________________________________ _________________________________
    1 Medley Management Inc. is the parent company of Medley LLC and several registered investment advisors (collectively, “Medley”). Assets under management refers to assets of Medley’s funds, which represents the sum of the net asset value of such funds, the drawn and undrawn debt (at the fund level, including amounts subject to restrictions) and uncalled committed capital (including commitments to funds that have yet to commence their investment periods). Assets under management are as of December 31, 2019.


    Start the conversation


    What to Read Next
    5 Promising Stocks That Brokers Certify Now
    Zacks
    How He Made $2.8M Trading Stocks Part-Time At Home
    Raging BullAd

    Costco (COST) Q3 Earnings Miss Estimates, Revenues Up Y/Y
    Zacks
    Should You Invest in Companies Likely to Benefit from the Great Lockdown?
    Motley Fool
    Why Tech Companies Give CEOs Extra Voting Power In IPO Stocks
    Investor's Business Daily
    Is It Smart To Buy Kerry Logistics Network Limited (HKG:636) Before It Goes Ex-Dividend?
    Simply Wall St.
    Stock market news live updates: Stocks fall as U.S.-China tensions simmer
    Yahoo Finance
    Student loan borrowers sue Betsy DeVos and Steven Mnuchin over seized tax refunds
    Yahoo Finance
    Twitter flags tweet for ‘glorifying violence’
    Yahoo Finance Video
    Every Single Worker Has Covid at One U.S. Farm on Eve of Harvest
    Bloomberg
    Twitter adds 'glorifying violence' warning to Trump tweet
    Associated Press
    Mortgage rates nose-dive to new low and bring out the buyers
    MoneyWise
    Trump's 'glorifying violence' tweet is available without a label on Instagram and Facebook
    Yahoo Finance
    Market Recap: Thursday, May 28
    Yahoo Finance Video
    How HBO Max stacks up against Netflix and other streamers
    Yahoo Finance Video
    The recovery faces two major labor market risks: Morning Brief
    Yahoo Finance
    Coronavirus job losses are hitting these 3 states the hardest
    Yahoo Finance
    Personal income and spending data: What to know in markets Friday
    Yahoo Finance

  3. #13

  4. #14
    L'avatar di kada1992
    Data Registrazione
    Jul 2015
    Messaggi
    1,344
    Mentioned
    9 Post(s)
    Quoted
    663 Post(s)
    Potenza rep
    42949677
    in 0,44
    out 0,47
    grazie

  5. #15
    L'avatar di Avio
    Data Registrazione
    Jul 2001
    Messaggi
    75,869
    Mentioned
    19 Post(s)
    Quoted
    11690 Post(s)
    Potenza rep
    42949691
    Exhibit E. Consolidated Balance Sheets of Medley Management Inc.



    As of


    March 31, 2020
    (unaudited)


    December 31, 2019






    (in thousands)

    Assets




    Cash and cash equivalents

    $

    6,599



    $

    10,558


    Investments, at fair value

    10,605



    13,287


    Management fees receivable

    7,608



    8,104


    Right-of-use assets under operating leases



    6,122



    6,564


    Other assets

    10,217



    10,283


    Total Assets

    $

    41,151



    $

    48,796






    Liabilities, Redeemable Non-controlling Interests and Equity




    Liabilities




    Senior unsecured debt, net

    $

    118,573



    $

    118,382


    Loans payable, net

    10,000



    10,000


    Due to former minority interest holder, net

    7,529



    8,145


    Operating lease liabilities



    7,751



    8,267


    Accounts payable, accrued expenses and other liabilities

    21,012



    22,835


    Total Liabilities

    164,865




    boh

  6. #16
    L'avatar di Avio
    Data Registrazione
    Jul 2001
    Messaggi
    75,869
    Mentioned
    19 Post(s)
    Quoted
    11690 Post(s)
    Potenza rep
    42949691
    Citazione Originariamente Scritto da mastrodaniel Visualizza Messaggio
    Ti posto tutta la trimestrale

    Medley Capital Corporation Announces March 31, 2020 Financial Results
    GlobeNewswireMay 12, 2020, 3:41 AM GMT+7
    NEW YORK, May 11, 2020 (GLOBE NEWSWIRE) -- Medley Capital Corporation (MCC) (MCC) (the “Company”) today announced financial results for the quarter ended March 31, 2020.

    Second Quarter Summary

    Net asset value (“NAV”) of $2.60 per share

    Net investment loss of $(0.08) per share

    The board of directors did not declare a dividend this quarter


    Portfolio Investments

    The total value of our investments was $255.9 million at March 31, 2020. During the quarter ended March 31, 2020, the Company originated $6.6 million of investments and had $20.4 million of repayments and sales, resulting in net repayments and sales of $13.8 million. As of March 31, 2020, the Company had investments in securities of 44 portfolio companies with approximately 41.4% consisting of senior secured first lien investments, 9.9% consisting of senior secured second lien investments, 0.6% consisting of unsecured debt, 16.4% in MCC Senior Loan Strategy JV and 31.7% in equities / warrants. As of March 31, 2020, the weighted average yield based upon the cost basis of our income bearing portfolio investments, excluding cash and cash equivalents, was 8.7%.

    Results of Operations

    For the three months ended March 31, 2020, the Company reported net investment loss per share and net loss per share of $(0.08) and $(1.45), respectively, calculated based upon the weighted average shares outstanding.

    For the six months ended March 31, 2020, the Company reported net investment loss per share and net loss per share of $(0.02) and $(1.37), respectively, calculated based upon the weighted average shares outstanding.

    Investment Income

    For the three months ended March 31, 2020, total investment income was approximately $5.3 million and consisted of $3.5 million of portfolio interest income, $1.7 million of dividend income, and $0.1 million of fee income.

    For the six months ended March 31, 2020, total investment income was approximately $12.8 million and consisted of $8.9 million of portfolio interest income, $3.5 million of dividend income, and $0.4 million of fee income.

    Expenses

    For the three months ended March 31, 2020, total expenses were approximately $9.5 million and consisted of the following: base management fees of $1.6 million, interest and financing expenses of $4.4 million, professional fees of $0.1 million, administrator expenses of $0.6 million, directors’ fees of $0.3 million, and other general and administrative related expenses of $2.5 million.

    For the six months ended March 31, 2020, total expenses were approximately $13.9 million and consisted of the following: base management fees of $3.6 million, interest and financing expenses of $9.6 million, net professional fees of $(4.3) million, administrator expenses of $1.1 million, directors’ fees of $0.6 million, and other general and administrative related expenses of $3.3 million.

    Net Investment Income/Loss

    For the three months ended March 31, 2020, the Company reported net investment loss of $(4.2) million, or $(0.08), on a weighted average per share basis.

    For the six months ended March 31, 2020, the Company reported net investment loss of $(1.1) million, or $(0.02), on a weighted average per share basis.

    Net Realized and Unrealized Gains/Losses

    For the three and six months ended March 31, 2020, the Company reported net realized losses of $(0.1) million and net unrealized depreciation of $(73.6) million and net realized losses of $(1.8) million and net unrealized depreciation of $(69.8) million, respectively.

    For the three and six months ended March 31, 2019, the Company reported a loss on extinguishment of debt of $(0.9) million and $(1.8) million, respectively.

    For the three and six months ended March 31, 2019, the Company reported a change in provision for deferred taxes on unrealized appreciation on investments of $(0.1) million.

    Liquidity and Capital Resources

    During the quarter ended March 31, 2020 the Company repaid a total of $34.9 million on its Series A Israeli Notes (the “Israeli Notes”), which consisted of its scheduled quarterly amortization payment and an additional pre-payment.

    As of March 31, 2020, the Company had $74.0 million outstanding in aggregate principal amount of 6.50% unsecured notes due 2021, $77.8 million outstanding in aggregate principal amount of 6.125% unsecured notes due 2023, and $21.1 million outstanding in aggregate principal amount of the Israeli Notes.

    As of March 31, 2020, the Company had a cash balance of $61.1 million.

    On April 14, 2020 the Company repaid the remaining $21.1 million of Israeli Notes outstanding.

    Dividend Declaration

    The board of directors did not declare a dividend this quarter.

    Financial Statements



    Medley Capital Corporation

    Consolidated Statements of Assets and Liabilities

    (in thousands, except share and per share data)





    March 31, 2020



    September 30, 2019



    (unaudited)





    ASSETS







    Investments at fair value







    Non-controlled/non-affiliated investments (amortized cost of $143,310 and $204,736, respectively)

    $

    112,666





    $

    189,895



    Affiliated investments (amortized cost of $96,626 and $108,310, respectively)

    82,277





    99,540



    Controlled investments (amortized cost of $156,552 and $154,601, respectively)

    60,953





    107,454



    Total investments at fair value

    255,896





    396,889



    Cash and cash equivalents

    61,104





    68,245



    Restricted cash







    16,039



    Other assets

    966





    2,974



    Interest receivable

    489





    1,592



    Receivable for dispositions and investments sold

    12





    419



    Fees receivable

    45





    109



    Total assets

    $

    318,512





    $

    486,267











    LIABILITIES







    Notes payable (net of debt issuance costs of $1,843 and $5,274, respectively)

    $

    171,173





    $

    251,732



    Accounts payable and accrued expenses

    2,258





    11,957



    Interest and fees payable

    802





    2,905



    Management and incentive fees payable

    1,641





    2,231



    Administrator expenses payable

    576





    862



    Deferred revenue

    38





    103



    Due to affiliate

    196





    44



    Deferred tax liability

    86









    Total liabilities

    $

    176,770





    $

    269,834











    NET ASSETS







    Common stock, par value $0.001 per share, 100,000,000 common shares authorized,
    54,474,211 and 54,474,211 common shares issued and outstanding, respectively

    $

    54





    $

    54



    Capital in excess of par value

    673,533





    673,533



    Total distributable earnings/(loss)

    (531,845

    )



    (457,154

    )

    Total net assets

    141,742





    216,433



    Total liabilities and net assets

    $

    318,512





    $

    486,267











    NET ASSET VALUE PER SHARE

    $

    2.60





    $

    3.97























    Medley Capital Corporation

    Consolidated Statements of Operations

    (in thousands, except share and per share data)





    For the three months
    ended March 31



    For the six months
    ended March 31



    2020



    2019



    2020



    2019



    (unaudited)



    (unaudited)



    (unaudited)



    (unaudited)

    INVESTMENT INCOME















    Interest from investments















    Non-controlled/non-affiliated investments:















    Cash

    $

    2,321





    $

    7,510





    $

    5,538





    $

    15,587



    Payment-in-kind

    128





    606





    327





    1,178



    Affiliated investments:















    Cash

    190





    460





    399





    1,212



    Payment-in-kind

    707





    644





    1,654





    1,616



    Controlled investments:















    Cash

    1





    86





    85





    164



    Payment-in-kind

    5





    760





    501





    1,789



    Total interest income

    3,352





    10,066





    8,504





    21,546



    Dividend income

    1,663





    1,992





    3,500





    4,091



    Interest from cash and cash equivalents

    154





    211





    372





    373



    Fee income

    132





    318





    416





    779



    Total investment income

    5,301





    12,587





    12,792





    26,789



















    EXPENSES















    Base management fees

    1,641





    3,084





    3,649





    6,270



    Incentive fees























    Interest and financing expenses

    4,432





    5,899





    9,576





    11,908



    General and administrative

    2,083





    2,881





    2,600





    3,485



    Administrator expenses

    576





    668





    1,128





    1,700



    Insurance

    357





    117





    655





    236



    Directors fees

    297





    376





    612





    669



    Professional fees, net

    131





    10,157





    (4,285

    )



    11,357



    Expenses before management and incentive fee waivers

    9,517





    23,182





    13,935





    35,625



    Management fee waiver























    Incentive fee waiver























    Total expenses net of management and incentive fee waivers

    9,517





    23,182





    13,935





    35,625



    NET INVESTMENT INCOME

    (4,216

    )



    (10,595

    )



    (1,143

    )



    (8,836

    )

















    REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS















    Net realized gain/(loss) from investments















    Non-controlled/non-affiliated investments

    (100

    )



    (10,615

    )



    (158

    )



    (15,799

    )

    Affiliated investments























    Controlled investments













    (1,687

    )



    (51,539

    )

    Net realized gain/(loss) from investments

    (100

    )



    (10,615

    )



    (1,845

    )



    (67,338

    )

    Net unrealized appreciation/(depreciation) on investments















    Non-controlled/non-affiliated investments

    (19,550

    )



    19,352





    (15,802

    )



    20,164



    Affiliated investments

    (15,019

    )



    (3,079

    )



    (5,579

    )



    (5,474

    )

    Controlled investments

    (38,994

    )



    (19,672

    )



    (48,451

    )



    26,920



    Net unrealized appreciation/(depreciation) on investments

    (73,563

    )



    (3,399

    )



    (69,832

    )



    41,610



    Change in provision for deferred taxes on unrealized (appreciation)/depreciation on investments

    (86

    )









    (86

    )







    Net loss on extinguishment of debt

    (895

    )









    (1,784

    )



    (123

    )

    Net realized and unrealized gain/(loss) on investments

    (74,644

    )



    (14,014

    )



    (73,547

    )



    (25,851

    )

    NET INCREASE/(DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

    $

    (78,860

    )



    $

    (24,609

    )



    $

    (74,690

    )



    $

    (34,687

    )

















    WEIGHTED AVERAGE - BASIC AND DILUTED EARNINGS PER COMMON SHARE

    $

    (1.45

    )



    $

    (0.45

    )



    $

    (1.37

    )



    $

    (0.64

    )

    WEIGHTED AVERAGE - BASIC AND DILUTED NET INVESTMENT INCOME PER COMMON SHARE

    $

    (0.08

    )



    $

    (0.19

    )



    $

    (0.02

    )



    $

    (0.16

    )

    WEIGHTED AVERAGE COMMON STOCK OUTSTANDING - BASIC AND DILUTED

    54,474,211





    54,474,211





    54,474,211





    54,474,211



    DIVIDENDS DECLARED PER COMMON SHARE

    $







    $

    0.05





    $







    $

    0.15



































    ABOUT MEDLEY CAPITAL CORPORATION

    Medley Capital Corporation is a closed-end, externally managed business development company ("BDC") that has common stock which trades on the New York Stock Exchange (MCC) and the Tel Aviv Stock Exchange (MCC) and has outstanding bonds which trade on the New York Stock Exchange under the symbols (MCV) and (MCX) . Medley Capital Corporation's investment objective is to generate current income and capital appreciation by lending to privately-held middle market companies, primarily through directly originated transactions, to help these companies expand their businesses, refinance and make acquisitions. Our portfolio generally consists of senior secured first lien loans and senior secured second lien loans. Medley Capital Corporation is externally managed by MCC Advisors LLC, which is an investment adviser registered under the Investment Advisers Act of 1940, as amended. For additional information, please visit Medley Capital Corporation at Index page | Medley Capital Corporation.

    ABOUT MCC ADVISORS LLC

    MCC Advisors LLC is a subsidiary of Medley Management Inc. (NYSE: MDLY, “Medley”). Medley is an alternative asset management firm offering yield solutions to retail and institutional investors. Medley’s national direct origination franchise is a premier provider of capital to the middle market in the U.S. Medley has $4.1 billion of assets under management in two business development companies, Medley Capital Corporation (MCC) (MCC) and Sierra Income Corporation, and several private investment vehicles. Over the past 18 years, we have provided capital to over 400 companies across 35 industries in North America.1 For additional information, please visit Medley Management Inc. at Medley Management Inc. Alternative Asset Management - Welcome.

    Medley LLC, the operating company of Medley Management Inc., has outstanding bonds which trade on the New York Stock Exchange under the symbols (MDLX) and (MDLQ).

    FORWARD-LOOKING STATEMENTS

    This press release contains “forward-looking” statements, including statements regarding any potential exploration of strategic alternatives by the Company. Such forward-looking statements reflect current views with respect to future events and financial performance, and the Company may make related oral forward-looking statements on or following the date hereof. Statements that include the words “should,” “would,” “expect,” “intend,” “plan,” “believe,” “project,” “anticipate,” “seek,” “will,” and similar statements of a future or forward-looking nature identify forward-looking statements in this material or similar oral statements for purposes of the U.S. federal securities laws or otherwise. Forward-looking statements include, but are not limited to, the introduction, withdrawal, success and timing of business initiatives and strategies; changes in political, economic or industry conditions, the interest rate environment or conditions affecting the financial and capital markets, which could result in changes in the value of our assets; the relative and absolute investment performance and operations of MCC Advisors LLC; our business prospects and the prospects of our portfolio companies; uncertainties associated with the impact from the COVID-19 pandemic, including its impact on the global and U.S. capital markets and the global and U.S. economy, the length and duration of the COVID-19 outbreak in the United States as well as worldwide and the magnitude of the economic impact of that outbreak, and the impact of the termination of the Amended and Restated Agreement and Plan of Merger, dated as of July 29, 2019, by and between the Company and Sierra Income Corporation (“Sierra”) and the Amended and Restated Agreement and Plan of Merger, dated as of July 29, 2019, by and among Medley Management Inc., Sierra, and Sierra Management, Inc., on our business, financial results, ability to pay dividends and distributions, if any, to our stockholders, and stock price.

    The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the “Risk Factors” and other sections of the Company’s most recent Annual Report on Form 10-K and most recent Quarterly Report on Form 10-Q. The forward-looking statements in this press release represent the Company’s views as of the date of hereof. The Company anticipates that subsequent events and developments will cause its views to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company does not have any current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing the Company’s views as of any date subsequent to the date of this material.

    SOURCE: Medley Capital Corporation

    Investor Relations Contact:
    Sam Anderson
    Head of Capital Markets & Risk Management
    Medley Management Inc.
    212-759-0777

    Media Contact:
    Jonathan Gasthalter/Nathaniel Garnick
    Gasthalter & Co. LP
    212-257-4170

    ________________________________________ ________________________________________ _________________________________
    1 Medley Management Inc. is the parent company of Medley LLC and several registered investment advisors (collectively, “Medley”). Assets under management refers to assets of Medley’s funds, which represents the sum of the net asset value of such funds, the drawn and undrawn debt (at the fund level, including amounts subject to restrictions) and uncalled committed capital (including commitments to funds that have yet to commence their investment periods). Assets under management are as of December 31, 2019.


    Start the conversation


    What to Read Next
    5 Promising Stocks That Brokers Certify Now
    Zacks
    How He Made $2.8M Trading Stocks Part-Time At Home
    Raging BullAd

    Costco (COST) Q3 Earnings Miss Estimates, Revenues Up Y/Y
    Zacks
    Should You Invest in Companies Likely to Benefit from the Great Lockdown?
    Motley Fool
    Why Tech Companies Give CEOs Extra Voting Power In IPO Stocks
    Investor's Business Daily
    Is It Smart To Buy Kerry Logistics Network Limited (HKG:636) Before It Goes Ex-Dividend?
    Simply Wall St.
    Stock market news live updates: Stocks fall as U.S.-China tensions simmer
    Yahoo Finance
    Student loan borrowers sue Betsy DeVos and Steven Mnuchin over seized tax refunds
    Yahoo Finance
    Twitter flags tweet for ‘glorifying violence’
    Yahoo Finance Video
    Every Single Worker Has Covid at One U.S. Farm on Eve of Harvest
    Bloomberg
    Twitter adds 'glorifying violence' warning to Trump tweet
    Associated Press
    Mortgage rates nose-dive to new low and bring out the buyers
    MoneyWise
    Trump's 'glorifying violence' tweet is available without a label on Instagram and Facebook
    Yahoo Finance
    Market Recap: Thursday, May 28
    Yahoo Finance Video
    How HBO Max stacks up against Netflix and other streamers
    Yahoo Finance Video
    The recovery faces two major labor market risks: Morning Brief
    Yahoo Finance
    Coronavirus job losses are hitting these 3 states the hardest
    Yahoo Finance
    Personal income and spending data: What to know in markets Friday
    Yahoo Finance
    Citazione Originariamente Scritto da Avio Visualizza Messaggio
    Exhibit E. Consolidated Balance Sheets of Medley Management Inc.



    As of


    March 31, 2020
    (unaudited)


    December 31, 2019






    (in thousands)

    Assets




    Cash and cash equivalents

    $

    6,599



    $

    10,558


    Investments, at fair value

    10,605



    13,287


    Management fees receivable

    7,608



    8,104


    Right-of-use assets under operating leases



    6,122



    6,564


    Other assets

    10,217



    10,283


    Total Assets

    $

    41,151



    $

    48,796






    Liabilities, Redeemable Non-controlling Interests and Equity




    Liabilities




    Senior unsecured debt, net

    $

    118,573



    $

    118,382


    Loans payable, net

    10,000



    10,000


    Due to former minority interest holder, net

    7,529



    8,145


    Operating lease liabilities



    7,751



    8,267


    Accounts payable, accrued expenses and other liabilities

    21,012



    22,835


    Total Liabilities

    164,865




    boh
    mi sembra differente da quella postata da LEGOLEGO


    la casalinga di voghera stavolta è sicura di non averci capito un quazz


    in bocca al lupo

  7. #17
    L'avatar di papi67
    Data Registrazione
    Oct 2006
    Messaggi
    1,728
    Mentioned
    0 Post(s)
    Quoted
    77 Post(s)
    Potenza rep
    31752771
    Citazione Originariamente Scritto da Avio Visualizza Messaggio
    scusa ma qui veramente non ho capito niente di cio che scrivi dove li vedi 10 dollari in cash?
    MDLY 10Q - Medley Management, Inc. - Quarterly Report - May 15, 2020 - Fintel.io
    a me risultano 6mln il cash puro total assett 41mln e debiti per 164 mln
    mahhhhhhhhhhhhhhhh fara + 100
    su Finviz danno cash per 0.20 per azione

  8. #18
    L'avatar di Avio
    Data Registrazione
    Jul 2001
    Messaggi
    75,869
    Mentioned
    19 Post(s)
    Quoted
    11690 Post(s)
    Potenza rep
    42949691
    Citazione Originariamente Scritto da papi67 Visualizza Messaggio
    su Finviz danno cash per 0.20 per azione
    che corrispondono ai miei evidentemente errati conti
    6,6ml$ /32,54 mln share
    boh come detto in bocca al lupo

  9. #19

    Data Registrazione
    Feb 2019
    Messaggi
    30
    Mentioned
    0 Post(s)
    Quoted
    4 Post(s)
    Potenza rep
    2
    Citazione Originariamente Scritto da Avio Visualizza Messaggio
    che corrispondono ai miei evidentemente errati conti
    6,6ml$ /32,54 mln share
    boh come detto in bocca al lupo
    avete entrambi ragione sono due società diverse. Una è Medley Management Inc (MDLY) e l'altra è Medley Capital Corporation (MCC). Non so come e se sono in alcun modo collegate

  10. #20
    L'avatar di mastrodaniel
    Data Registrazione
    Sep 2005
    Messaggi
    5,077
    Mentioned
    0 Post(s)
    Quoted
    264 Post(s)
    Potenza rep
    42949687
    Si sono collegate

    Medley is an alternative asset management firm offering yield solutions to retail and institutional investors. Medley's national direct origination franchise is a premier provider of capital to the middle market in the U.S. Medley has $3.8 billion of assets under management in two business development companies, Medley Capital Corporation (NYSE: MCC) (TASE: MCC) and Sierra Income Corporation and several private investment vehicles. Over the past 18 years, we have provided capital to over 400 companies across 35 industries in North America. (1)

Accedi