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SBNY	$0.12	0.00%
SLRC	$14.46	-0.82%

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SLR Investment stock rises 2% after company sees no impact from SVB, Signature Bank debacle

3/20/23 4:21 PM ET (MarketWatch)Print

SLR Investment Corp. (SLRC) late Monday said that, following a "thorough review," the failures of Silicon Valley Bank and Signature Bank won't impact the company's operations. "We have concluded that these bank issues should not have a material adverse effect on the financial performance, portfolio credit quality, or liquidity position of the company." Shares of SLR Investment rose 2% in the extended session Monday after ending the regular trading day up 0.4%.

-Claudia Assis

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March 20, 2023 16:21 ET (20:21 GMT)