NewStar Reports Net Income of $10.3 Million, or $0.23 per Diluted Share, for the Fourth Quarter and $28.2 Million, or $0.61 per Diluted Share, for FY 2016
February 14, 2017 07:00 ET
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NewStar Financial, Inc.
Divestiture – Sold equipment finance platform and related assets for $105 million in cash, or approximately 1.2x allocated book value, net of debt repayment, transactions fees and other...
NEWSTAR SCHEDULES RELEASE OF RESULTS FOR THE FOURTH QUARTER AND FISCAL YEAR OF 2016
January 31, 2017 17:30 ET
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NewStar Financial, Inc.
Boston, Massachusetts, Jan. 31, 2017 (GLOBE NEWSWIRE) --
NewStar Financial, Inc. (“NewStar”) (NASDAQ:NEWS) announced today that it will report financial results for the fourth quarter and fiscal...
NewStar Authorizes New Share Repurchase Program
December 09, 2016 16:24 ET
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NewStar Financial, Inc.
Boston, Massachusetts, Dec. 09, 2016 (GLOBE NEWSWIRE) -- NewStar Financial Inc. (Nasdaq:NEWS), a specialized commercial finance company, announced today that its Board of Directors has authorized...
NewStar Sells Equipment Finance Business To Radius Bank
December 01, 2016 16:31 ET
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NewStar Financial, Inc.
BOSTON, Dec. 01, 2016 (GLOBE NEWSWIRE) -- NewStar Financial Inc. (Nasdaq:NEWS) (“NewStar” or the “Company”) announced today the sale of its equipment finance business and related assets to...
NewStar Closes New $505 Million Managed Credit Fund
November 30, 2016 16:36 ET
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NewStar Financial, Inc.
The NewStar Berkeley Fund CLO (the “Berkeley Fund”) represents the fourth in a series of managed credit funds focused on middle market senior debt originated through NewStar’s direct lending...
NewStar Reports Net Income of $8.6 Million, or $0.19 per Diluted Share, for the Third Quarter of 2016
November 02, 2016 07:00 ET
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NewStar Financial, Inc.
Investment Activity – New funded credit investments totaled $427 million in the third quarter compared to $476 million last quarter and $720 million in the same quarter last year, reflecting credit...
NEWSTAR SCHEDULES RELEASE OF RESULTS FOR THE THIRD QUARTER OF 2016
October 21, 2016 08:00 ET
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NewStar Financial, Inc.
Boston, Massachusetts, Oct. 21, 2016 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (“NewStar”) (NASDAQ:NEWS) announced today that it will report financial results for the third quarter of 2016 on...
NewStar Capital Sponsors Seventh Loan Fund
September 21, 2016 08:00 ET
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NewStar Financial, Inc.
Boston, MA, Sept. 21, 2016 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (Nasdaq:NEWS), an internally-managed commercial finance company and asset manager, announced today that its liquid credit...
NewStar announces retirement of John Frishkopf, head of its Asset Management and Treasury Group
August 11, 2016 08:00 ET
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NewStar Financial, Inc.
Boston, Massachusetts, Aug. 11, 2016 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (NASDAQ: NEWS) announced today that John Frishkopf will retire from the company as of September 30, 2016. Mr....
NewStar Reports Net Income of $5.2 Million, or $0.11 Per Diluted Share, for the Second Quarter of 2016
August 03, 2016 07:00 ET
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NewStar Financial, Inc.
Investment Activity – New funded credit investments totaled $476 million in the second quarter, up from $300 million last quarter and down from $1 billion in the same quarter last year as middle...