NEW YORK, May 20, 2015 /PRNewswire/ -- Alcentra
Capital Corporation (NASDAQ Global Select Market: ABDC)
("Alcentra") announced today that it has provided $9.5 million of Senior Subordinated Debt to My
Alarm Center, LLC (dba "Alarm Capital Alliance", "ACA" or the
"Company") to refinance a portion of the Company's existing debt
and provide additional growth capital.
Founded in 2000 and headquartered in Newton Square, PA, ACA is a
security and alarm monitoring company. The Company services
households and small commercial businesses across the United States through its security
services and home automation technologies.
About Alcentra Capital Corporation
Alcentra (www.alcentracapital.com) is an externally-managed,
closed-end, non-diversified management investment company that has
elected to be regulated as a business development company under the
Investment Company Act of 1940. Alcentra's investment objective is
to generate both current income and capital appreciation primarily
by making direct investments in lower middle-market companies in
the form of subordinated debt and, to a lesser extent, senior debt
and minority equity investments. Alcentra's investment activities
are managed by its investment adviser, Alcentra NY, LLC.
About Alcentra NY, LLC
Alcentra NY, LLC is part of BNY Alcentra Group Holdings, Inc.
("Alcentra Group"), one of the world's leading sub-investment grade
credit asset managers focusing on the U.S. and European markets.
Alcentra Group has an investment track record that spans across
more than 75 separate investment vehicles and accounts totaling
approximately $23 billion (including
accounts managed by Alcentra NY, LLC, Alcentra Ltd, and assets
managed by Alcentra Group personnel for affiliates under dual
officer arrangements.)
FORWARD-LOOKING STATEMENTS
Statements included herein may contain "forward-looking
statements," which relate to future performance or financial
condition. Statements other than statements of historical facts
included in this press release may constitute forward-looking
statements and are not guarantees of future performance or results
and involve a number of assumptions, risks and uncertainties, which
change over time. Actual results may differ materially from those
anticipated in any forward-looking statements as a result of a
number of factors, including those described from time to time in
filings by the Company with the Securities and Exchange Commission.
Alcentra undertakes no duty to update any forward-looking statement
made herein except as required by law. All forward-looking
statements speak only as of the date of this press release.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/alcentra-capital-corporation-provides-95-million-senior-subordinated-debt-to-my-alarm-center-llc-300086716.html
SOURCE Alcentra Capital Corporation