Daily Stock Analysis, FSIC, FS Investment Corp, priceseries

FS Investment Corp. Daily Stock Analysis
Stock Information
Open
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Close
0.00
High
0.00
Low
0.00
Previous Close
0.00
Daily Price Gain
0.00
YTD High
0.00
YTD High Date
Wrong Month 0, 0
YTD Low
0.00
YTD Low Date
Wrong Month 0, 0
YTD Price Change
0.00
YTD Gain
-nan%
52 Week High
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52 Week High Date
Wrong Month 0, 0
52 Week Low
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52 Week Low Date
Wrong Month 0, 0
52 Week Price Change
0.00
52 Week Gain
-nan%
Company Information
Stock Symbol
FSIC
Exchange
NYSE
Company URL
http://www.fsinvestmentcorp.com
Company Phone
215-495-1150
CEO
Michael C. Forman
Headquarters
Pennsylvania
Business Address
201 ROUSE BOULEVARD, PHILADELPHIA, PA 19112
Sector
nd it provides financing in the form of senior secured debt, subordinated debt, equity, preferred stock and warrants.
Industry Category
Financial Services
Industry Group
Diversified Investments
CIK
0001422183
About

FS Investment Corp. is a business development company that invests in middle market companies located in the US. The fund targets companies operating across a broad range of sectors and it provides financing in the form of senior secured debt, subordinated debt, equity, preferred stock and warrants.

Description

FS Investment Corporation is a business development company specializing in investments in debt securities. It seeks to purchase interests in loans through secondary market transactions or directly from the target companies as primary market investments. It also seeks to invest in first lien senior secured loans, second lien secured loans and, to a lesser extent, subordinated loans, or mezzanine loans. In connection with the debt investments, the firm also receives equity interests such as warrants or options as additional consideration. It also seek to purchase minority interests in the form of common or preferred equity in our target companies, either in conjunction with one of the debt investments or through a co-investment with a financial sponsor. Additionally, on an opportunistic basis, the fund may also invest in corporate bonds and similar debt securities. The fund does not seek to invest in start-up companies, turnaround situations, or companies with speculative business plans. It seeks to invest in small and middle-market companies based in United States. The fund seeks to invest in firms with annual revenue between $10 million to $2.5 billion. It seeks to exit from securities by selling them in a privately negotiated over- the- counter market. For any investments that are not able to be sold within the secondary market, the firm seeks to exit such investments through repayment, an initial public offering of equity securities, merger, sale or recapitalization.