Issued $200 million of subordinated notes with warrants exercisable into 9.5 million shares of common stock
Part of broader strategic relationship that is already driving significant benefits in origination volumes, loan yields and asset management activities
Additional $100 million of investment capital will be drawn over next year to support growth strategy
Additional warrants exercisable into 2.5 million shares of common stock to be issued, subject to stockholder approval
BOSTON, NEW YORK and PHILADELPHIA, Dec.
for NewStar Closes on $200 Million Initial Investment as Part of Strategic Relationship With Blackstone's GSO Capital and Franklin Square investment picks