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Oaktree Strategic Income Corporation Announces First Fiscal Quarter 2018 Financial Results

OAKTREE STRATEGIC INCOME CORP COMMON (OCSI) 
Last oaktree strategic income corp common earnings: 2/6 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: oaktreestrategicincome.com
Company Research Source: GlobeNewswire
LOS ANGELES, CA, Feb. 09, 2018 (GLOBE NEWSWIRE) -- Oaktree Strategic Income Corporation (NASDAQ:OCSI) (“Oaktree Strategic Income” or the “Company”), a specialty finance company, today announced its unaudited financial results for the fiscal quarter ended December 31, 2017. First Fiscal Quarter 2018 Highlights Total investment income of $10.7 million, or $0.36 per share;Net investment income of $4.5 million, or $0.15 per share;Net asset value per share as of December 31, 2017 of $9.84; andOriginated $136.2 million of new investment commitments and received $71.3 million in connection with full repayments and exits of investments. Recent Developments On January 31, 2018, the Company entered into a new secured revolving credit facility. The facility’s total capacity is $100 million and the revolving period expires on January 30, 2021 with a final maturity date of January 31, 2023. Management Commentary “We are glad to report the credit quality of the Oaktree Strategic Income port Show less Read more
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