Peter A. Reed
available website, we in that to well thank X Keri COO, Good our our today. turn through Adam. for on GECC’s relevant as number and our Davis. Adam corresponding Kleinman; the you morning portfolio repositioning. CFO, Slide our Portfolio Adam morning which by the I Yates; you joined Please and point slide Where in as am joining to this deck prepared discuss to webcast. will us is Adam remarks, Manager, referenced, you Thank the
avoidance the our maximizing our distributions, monthly value of doubt value focused intently For shares. book and shareholder of on potential we increasing remain distributions, the through by special
During investment depressing that XXXX quarter liquidity of we portfolio, repositioning taking effect had NII. XX, ended June began income the net including to actions the or the create
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to at we the balance as a expense our since improved interest increase and liquidity our baby outstanding reducing monetize Our period discount end, decreased repurchased we debt million quarter-over-quarter period obligations. XX significant both as par, and at Cash bonds future profile. a prior meaningful investments was
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specialty GECC’s pipeline, to Slide Turning We're XX, activity. opportunities let's discuss the see particularly capital excited investment in about we finance. our
XXXX Meeting. coverage the Statement SEC XXXX offering. nontransferable Stockholders’ a proposal As a result approved per July on subject we XX, Form was of to N-X minimum rights ratio our are filed to Annual XXX% conduct Registration a asset at Separately a that with the
As up of last June XXX.X%, our asset XX, ratio was quarter. XXXX coverage approximately from XXX.X%
be September XX, we be month distributions our or stock $X.XXX shareholders share. at election the limitations XXXX, on an ratio. to the of shares total will form paid Such all XXXX in report above election amount limited stock. be the all approximately distributions of to minimum our all for debt, stock. in all the cash to to announced, to will certain XXXX. the paid will incur The approximately issue monthly the per of in As through paid common shareholders, our shareholders. preferred we Please to in XX% of although shareholders, to on of the asset junior distributed Again or stock please distributed will shares common amount monthly to shareholders. notes, below in be December be in remainder Slide ratio, declared GECC of and to to paid Finally, fourth securities, subject our per shares distributions as are Company in $X.XXX form ending of cash turn our distributions be XX% of month coverage accordance ending set The XX, share coverage the common shareholders the of the paid the Investment the be our continuing such to to as remainder repurchase make distributions be time quarter outstanding asset of be amended, XXXX additional in total at stock, of XX, of be with cash distributions of XX XXXX, XXXX, the cash \ or through In for minimum will Board of to a result coverage each junior ratio distributions shall distributions ability of Act limited a of the total securities will our case, total May until the of although indentures Board the the our to turn the cash shares paid of previously August common of Slide summary. distributions governing asset
we liquidity. quarter, past portfolio and the During repositioning began creating the
Towards holdings following cash end of quarter cash investment and opportunities new generative the that quarter-end, into our increase investment we diversify redeployed the and income.
balance investments that morning. credit we're joining to of in us businesses continue capital, on focusing efforts We cash the secured believe liquid. and those are balance uses niche for a these you With significant accretive this is investments. our very Thank specialty sheet sourcing flexible facility, and and in finance acquiring
portfolio and our alignment believe significant shareholders. formed that, With support call We us. we'll to in open continue again operator to over we're the that and you, reviewing turn upside in you confidence for investment the in the Thank We interest placed a and confident that for have be we diligently potential the of the new ideas. with questions. you sourcing to
