Senior Notes Offering

Technology & Services
Senior Notes Offering

Summary

Baird served as lead manager in this offering.

About

Triangle Capital Corporation (“Triangle” or the “Company”) (NYSE: TCAP) recently completed a $60.0 million offering of 7.00% senior notes due 2019. Triangle intends to use the net proceeds from this offering to invest in lower middle market companies in accordance with the Company’s investment objective and strategies, and for working capital and general corporate purposes.

Triangle Capital Corporation is a specialty finance company organized to provide customized financing solutions to lower middle market companies located throughout the United States. The Company’s investment objective is to seek attractive returns by generating current income from debt investments and capital appreciation from equity related investments. The Company's investment philosophy is to partner with business owners, management teams and financial sponsors to provide flexible financing solutions to fund growth, changes of control, or other corporate events. The Company typically invests $5.0 million to $15.0 million per transaction in companies with annual revenues between $20.0 million and $100.0 million and EBITDA between $3.0 million and $20.0 million.

For additional information about this transaction, please contact:

Mark C. Micklem 703-821-5787
Paul Egge 703-918-7816
Technology & Services
Senior Notes Offering
Date
March 2012
Company
Triangle Capital Corporation
Transaction
M&A
Sectors
Technology & Services
Target Location
North America

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