Gladstone Capital Corporation Invests in Electronic Manufacturing Services Company
MCLEAN, Va., Dec. 29, 2014 (GLOBE NEWSWIRE) -- Gladstone Capital Corporation (Nasdaq:GLAD) ("Gladstone Capital") announced today that on December 19, 2014, it committed to invest up to $15.0 million through a combination of debt and equity to support a private investment in an Electronic Manufacturing Services ("EMS") company.
Based in the Southwest, the company is a premier EMS company focused on the design and production of specialized printed circuit board assemblies and related services. The Company's products are utilized across multiple end markets for mission critical applications that require higher technology and reliability solutions.
Gladstone Capital Corporation is a publicly traded business development company that invests in debt and equity securities, consisting primarily of senior, second lien and senior subordinated term loans in small and medium sized businesses in the United States. The Company has paid 134 consecutive monthly cash distributions on its common stock (and eight consecutive quarterly cash distributions on its common stock prior thereto). Information on the business activities of all the Gladstone funds can be found at www.gladstonecompanies.com.
For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstone.com.
CONTACT: For further information: Gladstone Capital Corporation, 703-287-5893Source: Gladstone Capital Corporation
Released December 29, 2014