TICC HomeHomeTeamInvestor RelationsCareersContact us
Email pagePDF viewPrint viewRSS News FeedsEmail Alert
Investor Search
  • Entire IR Site
    Press Releases Only
    Filings Only
Capital Offerings Profile
Company NameTICC Capital Corp.
Offering TypeCommon Stock - Other
DescriptionCommon stock, $0.01 par value
ISINUS87244T1097
Currency of IssueUSD
Trading Symbol (Exchange)TICC (NASDAQ)
 
Announcement Date11/18/2010
Completion Date3/31/2011
Shelf Filing Date8/26/2010
 
144a?No
Mandatory Redemption?No
Convertible?No
Exchange for Existing Issue?No

Use of Proceeds
The net proceeds from this offering will be used for general corporate purposes, which may include investing in debt or equity securities, and other general corporate purposes, including working capital requirements. Pending these uses, the company will invest such net proceeds primarily in cash, cash equivalents, and U.S. government securities and other high-quality debt investments that mature in one year or less consistent with the company's business development company election and the company's election to be taxed as a RIC, at yields significantly below those the company expect to earn on the company's other portfolio investments.

Pricing
Gross Amount Offered ($000)3,200
Amount Including Overallotment ($000)3,200
Shares Offered312,206
Total Shares Offered312,206
Original Shelf Value ($000)100,000

Underwriting Fees
Gross Spread (%)2.00

UnderwritersShares UnderwrittenAmount Underwritten($000)
Selling Agent(s)
  Wells Fargo Securities, LLC312,2063,200

Professionals
Issuer's CounselSutherland Asbill & Brennan, LLP
Auditor(s)PricewaterhouseCoopers LLP
Clearing House(s)Depository Trust Company

Copyright 2013, © SNL Financial LC  Terms of Use