Helly Sheff

Helly Sheff inquired about the M&A opportunities within the ABL business, specifically asking if there has been a shift in sentiment or if recent market noise makes players more or less willing to sell.

Answer

Bruce Spohler, Co-CEO and COO, responded that market dislocation often prompts companies to re-evaluate their business and access to capital. He believes that if the current market conditions persist, there will be more acquisition opportunities available at better pricing. He confirmed that their team is actively evaluating numerous situations and is hopeful for near-term developments. Regarding spillover income, Spohler stated that SLR Investment Corp. had none to speak of at year-end.

Helly Sheff of Raymond James inquired about the M&A opportunities within the ABL business, specifically asking if there's a shift in sentiment making it more or less likely for players to sell given recent market noise. She also asked to quantify the spillover as of year-end.

Answer

Co-CEO Bruce Spohler indicated that market dislocation often prompts businesses to re-evaluate and seek capital, suggesting that a prolonged period of current conditions could lead to more acquisition opportunities at better pricing. He confirmed that a team is actively pursuing situations and is hopeful for near-term developments. Bruce Spohler also stated that SLRC had no spillover to speak of at year-end.