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Provider: Stock Traders Daily
Provider: Wright Reports
Provider: Pechala's Reports
Provider: Pechala's Reports

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TICC Capital Corp announces pricing of public offering of common stock

Friday, 14 Mar 2014 08:29am EDT 

TICC Capital Corp:Prices public offering of 6,000,000 shares of its common stock at public offering price of $10.14 per share for total gross proceeds of about $60.8 mln.Granted underwriters an option to purchase up to an additional 900,000 shares of common stock.Closing of expected to take place on March 19.Barclays Capital Inc., Deutsche Bank Securities Inc. and UBS Securities LLC are acting as the joint book-running managers for the offering.Expects to use net proceeds from the offering for general corporate purposes, which may include investments in corporate debt and equity securities and investments in structured finance vehicles. 

Company Quote

-0.04 -0.43%
10:37am EDT