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MCG Capital Corporation Q1 2010 Earnings Call Transcript

MCG Capital Corporation (MCGC)

Q1 2010 Earnings Call Transcript

May 4, 2010 10:00 am ET

Executives

Steven Tunney – President and CEO

Tod Reichert – SVP and Corporate Secretary

Steve Bacica – CFO

Analysts

Troy Ward – Stifel Nicolaus

Vernon Plack – BB&T Capital Markets

David Chiaverini – BMO Capital Markets

Gregg Hillman – First Wilshire

Rick Fearon – Accretive Capital

Presentation

Operator

Good day, ladies and gentlemen and welcome to the MCG Capital 2010 first quarter earnings conference call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. (Operator Instructions). As a reminder, this conference call is being recorded.

I would now like to introduce your host for today's conference, MCG Capital's Co-Founder, President, and Chief Executive Officer, Steven Tunney; and Steve Bacica, Chief Financial Officer. You may begin.

Steven Tunney

Good morning, everyone. Before we get started, I would like to have Tod Reichert, our Chief Compliance Officer, provide the necessary Safe Harbor disclosures. Tod?

Tod Reichert

Thanks, Steve. Good morning, everyone. Before we begin, we would like to remind that you various statements that we may make during this morning's call will include forward-looking statements as defined under applicable securities laws.

Management's assumptions, expectations, and opinions reflected in those statements are subject to risks and uncertainties that may cause actual results and/or performance to differ materially from any future results, performance or achievements discussed in or implied by such forward-looking statements and the company can give no assurance that they will prove to be correct. Those risks and uncertainties are described in the company's earnings release and its filings with the Securities and Exchange Commission.

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