TCP Capital Corp announces pricing of upsized public offering of common shares


Friday, 13 Dec 2013 08:54am EST 

TCP Capital Corp:Prices the public offering of 4.5 million shares of its common stock at $16.00 per share for total gross proceeds of about $72 mln.Says the offering was upsized from its announced offering size of 3.75 mln shares.Says it has granted the underwriters an option for 30 days to purchase up to an additional 675,000 shares of common stock.Says the offering is expected to close on or about Dec 18.Says it intends to use the net proceeds of this offering to repay amounts outstanding under its revolving credit facilities.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.Oppenheimer & Co. Inc. is acting as lead manager for the offering. JMP Securities LLC and National Securities Corporation are acting as co-managers for the offering. 

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17.83
0.07 +0.39%
9 Jul 2014