TICC CAPITAL CORP. (NASDAQ:TICC) Files An 8-K Other Events
Item 8.01 Other Events.

Recent Developments

From January 1, 2017 through March 30, 2017, TICC Capital Corp. (the “Company,” “we” or “our”) sold or was repaid approximately $134.1 million from its portfolio investments and purchased approximately $47.6 million in portfolio investments, including additional investments of approximately $19.8 million in existing portfolio companies and approximately $27.8 million in new portfolio companies. In addition, we used approximately $24.5 million of the proceeds from these investment sales to pay down the class A-1 notes issued by TICC CLO 2012-1 LLC. The remaining proceeds have been principally added to the Company’s cash account or the Company’s restricted cash account, such restricted cash to be used for the next scheduled pay down in May 2017 of the class A-1 notes issued by TICC CLO 2012-1 LLC.

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.

TICC CAPITAL CORP. (NASDAQ:TICC) Recent Trading Information

TICC CAPITAL CORP. (NASDAQ:TICC) closed its last trading session down -0.02 at 7.36 with 468,503 shares trading hands.