THL Credit, Inc. (NASDAQ:TCRD) Files An 8-K Other EventsItem 8.01.
As part of the annual governance review by the THL Credit, Inc. (the “Company”) board of directors (the “Board”) in 2017, management will discuss with the Board the restrictions in the Company’s Amended and Restated Certificate of Incorporation on the ability of stockholders to amend the Company’s Bylaws. This review is in response to updated voting guidelines issued by a proxy advisory firm. Revised guidance by the proxy advisory firm issued in April 2017 made it clear that the guidelines apply to business development companies like the Company.
The information disclosed under this Item 8.01 is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.
About THL Credit, Inc. (NASDAQ:TCRD)
THL Credit, Inc. is an externally managed, non-diversified closed-end management investment company. The Company’s investment objective is to generate both current income and capital appreciation, primarily through investments in privately negotiated debt and equity securities of middle market companies. The Company is a direct lender to middle-market companies and invests in first lien and second lien loans, including through unitranche investments, as well as subordinated debt, which may include an associated equity component, such as warrants, preferred stock or similar securities. The Company also makes direct equity investments. The security types in which the Company invests includes First Lien Senior Secured Loans, Second Lien Loans, Mezzanine Loans, Collateralized Loan Obligations (CLO) Residual Interests and THL Credit Logan JV LLC (Logan JV). Its subsidiaries include THL Credit Holdings, Inc., THL Credit AIM Media Holdings, Inc. and THL Credit YP Holdings, Inc. THL Credit, Inc. (NASDAQ:TCRD) Recent Trading Information
THL Credit, Inc. (NASDAQ:TCRD) closed its last trading session up +0.08 at 9.99 with 44,722 shares trading hands.