BOSTON, July 11, 2014 (GLOBE NEWSWIRE) -- THL Credit, Inc. (TCRD) ("THL Credit"), today announced that it will report its financial results for its fiscal second quarter 2014 after the market closes on August 11, 2014.
THL Credit will host a conference call to discuss these results and its business outlook on August 12, 2014, at 8:30 a.m. Eastern Daylight Time. The conference call will be led by James K. Hunt, THL Credit's chairman of the board, Christopher J. Flynn and Sam W. Tillinghast, THL Credit's newly named co-chief executive officers and co-chief investment officers who will succeed Mr. Hunt as chief executive officer, effective July 31, 2014, and Terrence W. Olson, chief operating officer and chief financial officer.
For those wishing to participate by telephone, please dial (877) 375-9141 (domestic) or (253) 237-1151 (international). Use passcode 73610238. THL Credit will also broadcast the conference call live via its website at www.thlcredit.com. Starting approximately two hours after the conclusion of the call, a replay will be available through August 19, 2014, by dialing (855) 859-2056 (domestic) or (404) 537-3406 (international) and entering passcode 73610238. The replay will also be available on the company's website.
About THL Credit
THL Credit, Inc. ("THL Credit") is an externally-managed, non-diversified closed-end management investment company that has elected to be treated as a business development company (BDC) under the Investment Company Act of 1940. THL Credit's investment objective is to generate both current income and capital appreciation, primarily through investments in privately negotiated debt and equity securities of middle market companies.
THL Credit is headquartered in Boston, with additional investment teams in Los Angeles, New York, Houston and Chicago. THL Credit is a direct lender that invests in subordinated, or mezzanine, debt and second lien secured debt, which may include an associated equity component such as warrants, preferred stock or other similar securities. THL Credit also selectively invests in first lien senior secured loans that generally have structures with higher interest rates, which include unitranche investments. In certain instances, THL Credit will also make direct equity investments and may also selectively invest in more liquid broadly syndicated loans as well as collateralized loan obligations from time to time. THL Credit targets investments in middle market companies with annual revenues of between $25 million and $500 million that require capital for growth and acquisitions. THL Credit's investment activities are managed by THL Credit Advisors LLC, an investment adviser registered under the Investment Advisers Act of 1940.
About THL Credit Advisors LLC
THL Credit Advisors LLC ("THL Credit Advisors") is an investment manager for both direct lending and broadly syndicated high yielding investments through public and private vehicles, collateralized loan obligations, separately managed accounts and co-mingled funds. THL Credit Advisors maintains a variety of advisory or sub-advisory relationships across its investment platform, including THL Credit, Inc. (TCRD), a publicly traded business development company and THL Credit Senior Loan Fund (TSLF), a non-diversified, closed-end management investment company. Headquartered in Boston and founded in 2007, THL Credit Advisors also has investment teams in Chicago, Houston, Los Angeles and New York.
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THL Credit, Inc.
Terrence W. Olson
COO & CFO
Sard Verbinnen & Co