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THL Credit, Inc. (TCRD) [hlAlert]

Rating:
Buy TCRD
up 2.07 %

THL CREDIT INC. (TCRD) rated Buy with price target $15 by BB&T Capital Mkts

Posted on: Tuesday,  Jun 1, 2010  10:25 AM ET by BB&T Capital Mkts

BB&T Capital Mkts rated Buy THL Credit, Inc. (NASDAQ: TCRD) on 06/01/2010, when the stock price was $12.05.
Since then, THL Credit, Inc. has gained 2.07% as of 12/31/2015's recent price of $12.30.
If you would have followed this BB&T Capital Mkts's recommendation on TCRD, you would have gained 2.07% of your investment in 2039 days.

THL Credit, Inc. is a non-diversified, closed-end management investment company. The Company operates as a business development company. The Company?s investment objective is to generate both current income and capital appreciation, primarily through the origination of privately negotiated investments in debt and equity securities in middle market companies. It invests primarily in private subordinated debt, or mezzanine debt, which in many cases includes an associated equity component, such as warrants, preferred stock or other similar securities. In certain instances, the Company will also make direct equity investments. It defines middle market companies to mean both public and privately held companies with annual revenues of between $25 million and $500 million. On April 20, 2010, the Company purchased the Initial Portfolio Assets from THL Credit Opportunities, an affiliated fund. The Company will be managed by its investment advisor and administrator, THL Credit Advisors LLC.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/1/2010 10:25 AM Buy
None
12.05 15.00
as of 12/31/2010
1 Week down  -3.17 %
1 Month down  -2.29 %
3 Months up  8.65 %
1 YTD down  -1.61 %

(*) Stock Price at the time of the recommendation.
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