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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.
( Total: 7 Current Stock Recommendations )
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* As of 8/27/2015 12:00 AM
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