THL Credit Inc. 6.125% Notes Due 2023
By: Tim McPartland,
Date Issued 10/4/2018
Shares Issued 2,000,000 Overallotment Shares 300,000
S&P Rating NR Moodys Rating NR
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Security Ticker Symbol TCRW
Market Traded ON NYSE
Interest Payment Paid on the 30th of March, June, September and December beginning on 12/30/2018
Quarterly Interest .383 Annual Interest 1.531
Securities may be redeemed, at the issuers option, as early as 10/30/2021 for a redemption price of $25/share plus accrued interest
Interest Payment Will NOT be Qualified Distributions. Payments are interest (not dividends) thus they do not qualify for preferential tax rates.
Maturity Date 10/30/2023
Click Here to find the offering Prospectus and or final pricing documents
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Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
