- The Wall Street Journal•24 days ago
The subinvestment-grade credit arm of U.K. buyout firm CVC Capital Partners said it acquired Northport Capital TRS LLC from Resource Capital Corp.
- Reuters•25 days ago
A partnership between CVC Credit Partners, the credit management business of CVC, and Coller Capital, a private-equity secondary business, has acquired lender Northport Capital TRS from Resource Capital Corp , according to a news release on Thursday. CVC Credit will manage the partnership backed by capital from Coller, which has also provided additional undrawn capital that can be deployed to lend to companies going forward, Tom Newberry, head of private funds at CVC, said in a telephone interview. Northport provides credit facilities to private middle-market companies across North America and the assets CVC will now manage include first- and second-lien loans to middle-market borrowers.
Resource Capital Corp. (RSO)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||13.29 x 2300|
|Ask||13.31 x 3100|
|Day's Range||13.15 - 13.39|
|52wk Range||8.39 - 14.06|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||26.36|
|Avg Vol (3m)||182,198|
|Dividend & Yield||1.68 (12.75%)|