NEW YORK , March 28, 2019 (GLOBE NEWSWIRE) -- KCAP Financial, Inc. (NASDAQ:KCAP) (“KCAP” or the “Company”) today announced plans to change its corporate name to “Portman Ridge Finance Corporation”, effective as of the closing of the externalization transaction (the “Externalization Transaction”)

NEW YORK , March 20, 2019 (GLOBE NEWSWIRE) -- The Board of Directors of KCAP Financial, Inc. (Nasdaq:KCAP) approved a cash distribution for the first quarter of 2019 of $0.10 per share of common stock. The distribution is payable on April 26, 2019 to shareholders of record at the close of business

PRELIMINARY RECORD DATE AND PRELIMINARY PAYMENT DATE ARE SUBJECT TO CHANGE BASED ON THE CLOSING DATE OF THE PREVIOUSLY ANNOUNCED EXTERNALIZATION TRANSACTION NEW YORK , March 04, 2019 (GLOBE NEWSWIRE) -- KCAP Financial, Inc. (NASDAQ:KCAP) (“KCAP” or the “Company”) announced today that the

NEW YORK , Feb. 26, 2019 (GLOBE NEWSWIRE) -- KCAP Financial, Inc. (Nasdaq GS: KCAP) (“KCAP” or the “Company”) announces its full year 2018 financial results. Recent Developments As previously announced, the Company has entered into a stock purchase and transaction agreement (the “Externalization

NEW YORK , Feb. 20, 2019 (GLOBE NEWSWIRE) -- KCAP Financial, Inc. (Nasdaq: KCAP) (the “Company”) will release its financial results for the year ended December 31, 2018 on Tuesday, February 26, 2019 after the close of the markets. The Company will host a conference call on Wednesday, February 27,

KCAP to convert to an externally-managed BDC managed by an affiliate of BC Partners Stockholders to receive a direct cash payment from an affiliate of BC Partners of $25 million , or approximately $0.67 per share, upon closing of the transaction BC Partners to contribute up to 100% of incentive

NEW YORK , Dec. 12, 2018 (GLOBE NEWSWIRE) -- The Board of Directors of KCAP Financial, Inc. (Nasdaq:KCAP) approved a cash distribution for the fourth quarter of 2018 of $0.10 per share of common stock. The distribution is payable on January 31, 2019 to shareholders of record at the close of

NEW YORK , Nov. 09, 2018 (GLOBE NEWSWIRE) -- KCAP Financial, Inc. (NASDAQ: KCAP) announced today that it has entered into an agreement with LibreMax Intermediate Holdings, LP (“LibreMax”) under which KCAP’s wholly-owned asset management subsidiaries, Katonah Debt Advisors, L.L.C.

NEW YORK , Nov. 06, 2018 (GLOBE NEWSWIRE) -- KCAP Financial, Inc. (Nasdaq GS: KCAP) (the “Company”) announces its third quarter 2018 financial results. Financial Highlights Net investment income for the third quarter ended September 30, 2018 was approximately $3.0 million , or $0.08 per basic

NEW YORK , Oct. 30, 2018 (GLOBE NEWSWIRE) -- KCAP Financial, Inc. (Nasdaq: KCAP) (the “Company”) will release its financial results for the third quarter (ending September 30, 2018 ) on Tuesday, November 6, 2018 after the close of the markets. The Company will host a conference call on Wednesday,