trending Market Intelligence /marketintelligence/en/news-insights/trending/RnZSmTTu3HoIssdHKe_66w2 content esgSubNav
In This List

NYSE places Medley Management in noncompliant list

Blog

Banking Essentials Newsletter: July Edition - Part 3

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks


NYSE places Medley Management in noncompliant list

The New York Stock Exchange added Medley Management Inc. to its list of noncompliant issuers.

Medley Management failed to hold an annual shareholders meeting for the fiscal year ended Dec. 31, 2018, in violation of The New York Stock Exchange's continued listing rule or standard.

Medley Management decided against the annual meeting because of Sierra Income Corp.'s planned acquisition of the company and Medley Capital Corp. as well as a special shareholders' meeting on Feb. 8 to vote on the planned deal.

The planned acquisitions of Medley Management and Medley Capital are expected to close in the first quarter of 2019.