The run-up in business development company (BDC) equity prices in recent months should lead to further opportunistic equity issuance by some BDCs, says Fitch Ratings. For those firms trading above net asset value (NAV) and able to access equity...
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September 21, 2016, 07:27 AM
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TCP Capital Corp., a business development company, announced that it has expanded its revolving credit facility with Deutsche Bank AG from $150 million to $200 million. The accordion feature is also expanded up to an aggregate of $250 million. The...
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June 10, 2014, 07:23 AM
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TCP Capital Corp., a business development company ("BDC"), today announced that its wholly-owned subsidiary, TCPC SBIC, LP, has received final committee approval for a license from the United States Small Business Administration (the “SBA”) to...
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April 03, 2014, 07:38 AM
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TCP Capital Corp., a business development company, announced that it has amended its revolving credit facility with Deutsche Bank AG to extend the maturity date from May 15, 2016 to May 15, 2017 and expand the credit facility from $100 million to...
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February 24, 2014, 07:28 AM
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TCP Capital Corp., a business development company, announced that it has expanded its revolving credit facility with Deutsche Bank AG from $50 million to $100 million. The accordion feature of the credit facility was also expanded up to $200 million....
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September 11, 2013, 07:31 AM
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TCP Capital Corp., a business development company that trades on the NASDAQ Global Select Market, announced the appointment of Peter E. Schwab as an independent director.
Schwab has 39 years of experience in the asset-based lending industry, most...
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November 08, 2012, 07:49 AM
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