Daily News: November 6, 2014

Crystal Financial Funds $130MM New Loans in Q3

Solar Capital noted in a news release on Q3/14 financial results, that its Crystal Financial portfolio company funded $130.4 million in new loans and had exits of $70.4 million in Q3/14.

Solar said that Crystal Financial’s $411 million funded portfolio consisted of senior secured loans from 25 issuers with an average exposure of $16.4 million.

The company said that all of the commitments from Crystal Financial are floating-rate, senior secured loans.