TCP Capital prices 3.8M share secondary

|About: TCP Capital (TCPC)|By:, SA News Editor

TCP Capital (TCPC -3.8%) slides to $15.64 after pricing a 3.8M share secondary offering at $15.76 each for gross proceeds of about $59.9M.

The underwriters will have an option for 30 days to purchase another 15% of common stock sold.