TICC Capital Corp. Receives “A-” Rating from Egan-Jones Ratings Company, Inc.
December 04 2017 - 8:00AM
TICC Capital Corp. (Nasdaq:TICC) (“TICC,” the “Company,” “we,” “us”
or “our”) announced today that Egan-Jones Ratings Company, Inc.
(“Egan-Jones”) has assigned a rating of “A-” to the Company, and a
rating of “A-” to TICC’s 6.50% Notes due 2024, which trade under
the ticker TICCL on the NASDAQ Global Select Market.
Egan-Jones is a Nationally Recognized Statistical Ratings
Organization and is recognized by the National Association of
Insurance Commissioners as a Credit Rating Provider.
About TICC Capital Corp. TICC Capital Corp. is
a publicly-traded business development company principally
investing in syndicated bank loans and debt and equity tranches of
collateralized loan obligation (“CLO”) vehicles. CLO investments
may also include warehouse facilities, which are financing
structures intended to aggregate loans that may be used to form the
basis of a CLO vehicle.
Forward-Looking Statements This press release
contains forward-looking statements subject to the inherent
uncertainties in predicting future results and conditions. Any
statements that are not statements of historical fact (including
statements containing the words “believes,” “plans,” “anticipates,”
“expects,” “estimates” and similar expressions) should also be
considered to be forward-looking statements. Certain factors could
cause actual results and conditions to differ materially from those
projected in these forward-looking statements. These factors are
identified from time to time in our filings with the Securities and
Exchange Commission. We undertake no obligation to update such
statements to reflect subsequent events, except as may be required
by law.
Contact:
Bruce Rubin
203-983-5280
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