Capitala Finance reinvests in Corporate Visions
Capitala Finance Corp. said Tuesday its sold its common equity investment in Corporate Visions Inc. The sale produced $9.7 million proceeds for Capitala, generating a $7.1 million realized gain. Capitala was repaid at par, $11.5 million, in respect of its senior subordinated note. Capitala has re-invested $17.3 million of its proceeds in CVI, consisting of $15.8 million of senior subordinated debt and $1.5 million of common equity. On Monday, Sentinel Capital Partners said had acquired Corporate Visions, a marketing and sales messaging company.
2 June 2015•2 mins read
