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TCP Capital Corp announces public offering of common shares


Thursday, 12 Dec 2013 04:08pm EST 

TCP Capital Corp:Says it has commenced a public offering of 3.75 million shares of its common stock.Says the company expects to grant the underwriters an option for 30 days to purchase up to an additional 562,500 shares of common stock.Says the offering of the shares will be made under the company`s shelf registration statement, which was filed with, and declared effective by, the Securities and Exchange Commission.Says TCPC intends to use the net proceeds of this offering to repay amounts outstanding under its revolving credit facilities.Says Deutsche Bank Securities Inc., Raymond James & Associates, Inc., Keefe, Bruyette & Woods, Inc. and RBC Capital Markets, LLC are acting as joint book-running managers for the offering.Says Oppenheimer & Co. Inc. is acting as lead manager for the offering. 

Company Quote

16.42
-0.22 -1.32%
4:00pm EDT