Recent Developments definition

Recent Developments. On March 6, 2013, we purchased an additional $5.0 million of secured second-lien financing in a leading global infrastructure software company. On March 7, 2013, we made a secured second-lien follow-on investment of $60.0 million to support the recapitalization of a national distributor of hunting, outdoor, marine and tackle products. On March 8, 2013, we made an investment of $40.4 million to purchase 78.60% of the subordinated notes in Halcyon Loan Advisors Funding 2013-1 Ltd. On March 15, 2013, we provided $12.0 million of secured second-lien financing to Apple Leisure Group, a vertically integrated travel company that focuses on providing all-inclusive vacations in Mexico and the Caribbean to the U.S. customer. On March 15, 2013, we made an investment of $44.1 million to purchase 95.27% of the subordinated notes in Apidos CLO XII, Ltd. On March 15, 2013, we issued $250.0 million in aggregate principal amount of 5.875% senior unsecured notes due 2023 (the “2023 Notes”) for net proceeds following underwriting and other expenses of approximately $243.5 million. Interest on the 2023 Notes is paid semi-annually. The 2023 Notes mature on March 15, 2023. On March 18, 2013, we sold our $2.0 million investment in JGWPT Holdings, LLC.

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Recent Developments. On May 14, 2013, we provided $4.0 million of senior secured financing to SourceHOV, LLC, a leading provider of business and knowledge process outsourcing. On May 16, 2013, Out Rage, LLC repaid the $11.8 million loan receivable to us. On May 23, 2013, Snacks Holding Corporation repaid the $15.8 million loan receivable to us. On May 31, 2013, we made a follow-on senior secured second-lien debt investment of $7.2 million in Injured Workers Pharmacy LLC, a specialty pharmacy services company. On June 3, 2013, Nobel Learning Communities, Inc. repaid the $15.2 million loan receivable to us. On June 4, 2013, Springs Window Fashions, LLC repaid the $35.0 million loan receivable to us. On June 11, 2013, we provided $115.0 million of first-lien senior secured financing to a third-party logistics company that services many of the largest shippers in the world. On June 12, 2013, we made a $23.3 million follow-on investment in R-V Industries, Inc. On June 14, 2013, we sold our $10.0 million investment in Transaction Networks Services, Inc. and realized a gain of $0.03 million on this investment. On June 14, 2013, we sold our $4.0 million investment in SourceHOV, LLC and realized a gain of $0.08 million on this investment. On June 18, 2013, we provided $70.0 million senior secured financing, of which $65.6 million was funded at closing, to a leading designer, marketer and distributor of wood pellet grills, flavored wood pellets and grill accessories. On June 25, 2013, we made an investment of $26.5 million to purchase 84.13% of the subordinated notes in LCM XIV Ltd. On June 27, 2013, we made a follow-on secured debt investment of $87.5 million to support the recapitalization of Progrexion Holdings, Inc (“Progrexion”). After the financing, we now hold $241 million of senior secured debt of Progrexion. On June 28, 2013, Sandow Media, LLC (“Sandow”) repaid $30.1 million of the loan receivable to us. After the repayment, we now hold $24.9 million of senior secured debt of Sandow. On June 28, 2013, we made a $1.0 million follow-on investment in Ajax Rolled Ring & Machine, Inc. On June 28, 2013, we made an $18.0 million secured debt follow-on investment in New Star Metals, Inc., a provider of specialized processing services to the steel industry. On July 1, 2013, Pre-Paid Legal Services, Inc. repaid the $5.0 million loan receivable to us. On July 9, 2013, Southern Management Corporation repaid the $17.6 million loan receivable to us. On July 12, 2013, we provided $11.0 millio...

Recent Developments. We and Priority Senior Secured Income Fund, Inc., Pathway Energy Infrastructure Fund, Inc., Prospect Capital Funding LLC, Prospect Capital Management LLC, Priority Senior Secured Income Management, LLC and Pathway Energy Infrastructure Management, LLC have submitted an exemptive application to the SEC to permit us to participate in negotiated co-investments with other funds managed by Prospect Capital Management LLC, Priority Senior Secured Income Management, LLC and Pathway Energy Infrastructure Management, LLC or affiliated advisers in a manner consistent with our investment objective, strategies and restrictions as well as regulatory requirements and other pertinent factors, subject to the conditions therein. However, there is no assurance that we will obtain such exemptive relief. On August 30, 2013, we made a $16.0 million follow-on investment in System One Holdings, LLC, a leading provider of professional staffing services. On September 5, 2013, we provided $50.0 million of floating rate senior secured financing to a leading payments processor. On September 10, 2013, we made a $12.5 million first lien secured investment in Photonis SAS, a world leader in the development, manufacture and sale of electro-optic components for the detection and intensification of very faint light sources. On September 11, 2013, ▇▇▇▇▇▇ Corp. repaid the $13.3 million loan receivable to us. On September 12, 2013, we provided a $75.0 million floating-rate senior-secured term loan to support the recapitalization of American Broadband Communications, LLC, a leading provider of voice, video, and high-speed internet services. On September 12, 2013, we made an investment of $36.5 to purchase 83.56% of the subordinated notes in Apidos CLO XV, Ltd. On September 16, 2013, we made a $12.0 million senior secured investment in NCP Finance, a lender to short term loan providers in the alternative financial services industry. On September 19, 2013, we provided $48.0 million of combined senior secured floating rate debt and equity to support the recapitalization of Mity Enterprises, Inc., a leading designer, manufacturer and seller of multipurpose room furniture and specialty healthcare seating products. During the period from September 6, 2013 to September 26, 2013, we issued $32.0 million in aggregate principal amount of our Prospect Capital InterNotes® for net proceeds of $31.3 million.

Examples of Recent Developments in a sentence

The Blue Sky Ruling; The New ASU and the “Home Country Rule”; and Recent Developments at the FAA Registry, a paper presented at the American Bar Association Air and Space Law Forum 2010 Annual Meeting in Seattle, Washington on 26 October 2010.
Recent Developments On March 23, 1999, LifePoint entered into a letter of intent to sell three of its general, acute care hospitals for an aggregate purchase price of $25 million, subject to net working capital adjustments.
See further "- Recent Developments – Acquisition of Noor Bank" below.
For the six months ended June 30, 1998, net cash flows from investing activities included a cash distribution of $131,803,000 from a partnership, of which the Company owned a 49% interest, that was formed for the purpose of acquiring common stock of WM Holdings in the open market (see "Recent Developments").
Note also that Japan has already revised its competition policy regarding IPRs-related restrictive practices, see Arai, Recent Developments of Japanese Antitrust Policy Regard Intellectual Property Rights, 46 Antitrust Bull.

More Definitions of Recent Developments

Recent Developments. On November 15, 2012, Renaissance Learning, Inc. repaid the $6.0 million loan receivable to us. On November 22, 2012, we issued 84,904 shares of our common stock in connection with the dividend reinvestment plan. On November 26, 2012 we made a secured second lien investment of $22.0 million in Petroleum Place, Inc., a provider of enterprise resource planning software focused on the oil & gas industry. On November 30, 2012 we made a secured second lien investment of $9.5 million to support the recapitalization of R-V Industries, Inc. On December 3, 2012, ▇▇▇▇▇▇▇▇▇ Chemicals, Inc. repaid the $29.7 million loan receivable to us. On December 6, 2012, we made an investment of $38.3 million, to purchase 90% of the subordinated notes in Apidos CLO XI, LLC. On December 7, 2012, ▇▇▇▇▇▇ Products Holdings, Inc. repaid the $6.3 million loan receivable to us. On December 7, 2012, we announced the declaration of revised monthly dividends in the following amounts and with the following dates:

Recent Developments. On October 17, 2013, $19.7 million of the Apidos CLO VIII, Ltd. subordinated notes were called. During the period from September 6, 2013 to October 18, 2013, we issued $60.3 million in aggregate principal amount of our Prospect Capital InterNotes® for net proceeds of $59.1 million.

Recent Developments. On November 15, 2012, Renaissance Learning, Inc. repaid the $6.0 million loan receivable to us.