Solar Capital’s Board Approves Reduced Asset Coverage Requirement; Provides Flexibility to Expand Specialty Finance Platform; Lowers Base Management Fee over 1.0x Debt-to-Equity

NEW YORK, Aug. 06, 2018 (GLOBE NEWSWIRE) — Solar Capital Ltd. (NASDAQ:SLRC) (the “Company” or “Solar Capital”), an externally managed business development company (“BDC”), today announced that effective August 2, 2018, its Board of Directors (the ”Board”),...