TCG BDC, Inc. (LON:TCG) Files An 8-K Unregistered Sales of Equity Securities

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TCG BDC, Inc. (LON:TCG) Files An 8-K Unregistered Sales of Equity Securities
Item 3.02. Unregistered Sales of Equity Securities

On May 25, 2017, the Company delivered a capital drawdown notice to its investors relating to the issuance of 8,116,711 shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”), for an aggregate offering price of approximately $150.0 million. The shares are expected to be issued on or around June 9, 2017.

The issuance of Common Stock is being made to subscription agreements (“Subscription Agreement”) entered into by the Company and its investors. Under the terms of the Subscription Agreement, investors are required to fund drawdowns to purchase shares of Common Stock up to the amount of their respective capital commitments on an as-needed basis with a minimum of 10 business days’ prior notice to investors.

The issuance and sale of the Common Stock is exempt from the registration requirements of the Securities Act of 1933, as amended, to Section 4(2) thereof and Regulation D and Regulation S thereunder.


TCG BDC, Inc. (LON:TCG) Recent Trading Information

TCG BDC, Inc. (LON:TCG) closed its last trading session at with 3,496,773 shares trading hands.