TCG BDC, Inc. Declares Special Dividend of $0.12 Per Share
December 18 2017 - 4:51PM
TCG BDC, Inc. (together with its consolidated subsidiaries, "we,"
"us," "our," "TCG BDC" or the "Company") (NASDAQ:CGBD) today
announced that its Board of Directors declared a special dividend
of $0.12 per share, which is payable on January 17, 2018 to
stockholders of record as of December 29, 2017.
“We are pleased to announce a year end special dividend to our
shareholders of $0.12 per share. We have also paid/declared
$85.7 million or $1.52 per share in regular dividends in 2017 year
to date,” commented Michael Hart, Chairman and Chief Executive
Officer.
About TCG BDC, Inc.
TCG BDC is an externally managed specialty finance company
focused on lending to middle-market companies. TCG BDC is managed
by Carlyle GMS Investment Management L.L.C., an SEC-registered
investment adviser and a wholly owned subsidiary of The Carlyle
Group L.P. Since it commenced investment operations in May 2013
through September 30, 2017, TCG BDC has invested approximately $3.4
billion in aggregate principal amount of debt and equity
investments prior to any subsequent exits or repayments. TCG BDC's
investment objective is to generate current income and capital
appreciation primarily through debt investments in U.S. middle
market companies. TCG BDC has elected to be regulated as a business
development company under the Investment Company Act of 1940, as
amended.
Web: tcgbdc.com
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements that
involve substantial risks and uncertainties. You can identify these
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"may," "plans," "continue," "believes," "seeks," "estimates,"
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"predicts" and variations of these words and similar expressions to
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forward-looking statements include these words. You should read
statements that contain these words carefully because they discuss
our plans, strategies, prospects and expectations concerning our
business, operating results, financial condition and other similar
matters. We believe that it is important to communicate our future
expectations to our investors. There may be events in the future,
however, that we are not able to predict accurately or control. You
should not place undue reliance on these forward-looking
statements, which speak only as of the date on which we make it.
Factors or events that could cause our actual results to differ,
possibly materially from our expectations, include, but are not
limited to, the risks, uncertainties and other factors we identify
in the sections entitled "Risk Factors" and "Cautionary Statement
Regarding Forward-Looking Statements" in filings we make with the
Securities and Exchange Commission, and it is not possible for us
to predict or identify all of them. We undertake no obligation to
update or revise publicly any forward-looking statements, whether
as a result of new information, future events or otherwise, except
as required by law.
Contacts:
Investors:
Daniel Harris
+1-212-813-4527
daniel.harris@carlyle.com
Media:Elizabeth
Gill+1-202-729-5385elizabeth.gill@carlyle.com
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