Description: THL Credit, Inc. is a business development company specializing in direct and fund of fund investments. The fund seeks to invest in debt and equity securities of middle market companies. It seeks to invest in PIPES, growth, acquisition, market or product expansion, recapitalization, mature, and change of control transactions in both sponsored and unsponsored issuers. The fund does not intend to invest in start-up companies, operationally distressed situations, or companies with speculative business plans. The fund invests primarily in debt securities, including unsecured subordinated or mezzanine debt and second lien secured debt, which may include an associated equity component such as warrants, preferred stock, options to buy minority interest, and other similar securities. Its investments may also include high-yield bonds, private equity investments, securities of public companies that are broadly traded, and securities of non-United States companies. It seeks to invest in outsourced business services, healthcare, financials, retailing, media, and consumer discretionary. The fund may make direct equity investments, including equity investments into or through funds, and also selectively invest in syndicated first lien secured loans, including unitranche investments. It seeks to invest between $10 million and $25 million of capital per transaction in companies with annual revenues ranging from $25 million to $500 million and annual EBITDA between $5 million and $25 million. The fund prefers to be a lead or sole investor in a transaction.
Home Page: investor.feacbdc.com
FCRD Technical Analysis
500 Boylston Street
Boston,
MA
02110
United States
Phone:
800-450-4424
Officers
Name | Title |
---|---|
Mr. Christopher J. Flynn | CEO & Director |
Ms. Jennifer M. Wilson CPA | Chief Accounting Officer & Treasurer |
Lauren Vieira | IR contact |
Ms. Sabrina Rusnak-Carlson | Gen. Counsel & Sec. |
Mr. Howard H. Wu | Co-Head of Direct Lending and Director |
Mr. James R. Fellows CFA | Chief Investment Officer, Co-Head of Tradable Credit & Portfolio Mang. |
Exchange: NASDAQ
Country: US
Currency: US Dollar ($)
Forward PE: | 9.0744 |
---|---|
Trailing PE: | 31.7143 |
Price-to-Book MRQ: | 0.8291 |
Price-to-Sales TTM: | 4.0036 |
IPO Date: | 2010-04-22 |
Fiscal Year End: | December |
Full Time Employees: | 0 |