TICC CAPITAL CORP. (NASDAQ:TICC) Files An 8-K Other Events
On June 15, 2017, TICC Capital Corp. (the Company) issued a press
release announcing that, on June 14, 2017, the U.S. Securities
and Exchange Commission granted an exemptive relief order that
permits the Company and certain affiliated funds to engage in
co-investment transactions that would otherwise be prohibited
under the Investment Company Act of 1940, as amended. The text of
the press release is included as an exhibit to this Form 8-K.
Item 9.01 Financial Statements and Exhibits.
Press release dated June 15, 2017
About TICC CAPITAL CORP. (NASDAQ:TICC)
TICC Capital Corp. (TICC) is a closed-end, non-diversified management investment company. The Company’s investment objective is to maximize its portfolio’s total return. The Company’s primary focus is to seek current income by investing primarily in corporate debt securities. Its debt investments include bilateral loans (loans where the Company holds the entirety of a particular loan) and syndicated loans (loans where multiple investors hold portions of that loan). The Company continues to invest in structured finance investments, including collateralized loan obligation (CLO) investment vehicles that own debt securities. CLO investments’ also include warehouse facilities, which are financing structures intended to aggregate loans that are used to form the basis of a CLO vehicle. The Company also invests in publicly traded debt and/or equity securities. TICC Management, an investment adviser that is owned by BDC Partners, manages the Company’s investment activities.
An ad to help with our costs