Corbet Named Independent Director at TCP Capital
Specialty finance company TCP Capital appointed Cross Ridge Capital Founder and Principal Kathleen Corbet as an independent director.
Specialty finance company TCP Capital appointed Cross Ridge Capital Founder and Principal Kathleen Corbet as an independent director.
According to a report by FRB Capital Markets, Monroe Capital leads the highest-scoring BDCs in shareholder returns and investment competitiveness.
TCP Capital announced it has expanded its revolving credit facility with Deutsche Bank from $150 million to $200 million. TCP noted that its accordion feature was expanded up to an aggregate of $250 million.
TCP Capital said its wholly-owned subsidiary, TCPC SBIC, received final committee approval for a license from the SBA to operate as a small business investment company.
TCP Capital announced it 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 $150 million.
TCP Capital announced that it has amended its $116 million revolver with Wells Fargo Securities, administrative agent and arranger, to extend the maturity date from July 31, 2014 to July 31, 2016.
TCP Capital announced that it has expanded its revolving credit facility with Deutsche Bank AG from $50 million to $100 million.
Specialty finance company TCP Capital announced it has secured a new $50 million revolver from Deutsche Bank AG. The facility contains an accordion feature which allows for expansion up to $100 million.