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THL Credit enters senior loan JV

Dec. 03, 2014 4:18 PM ETCrescent Capital BDC, Inc. (CCAP) StockBy: Stephen Alpher, SA News Editor1 Comment
  • THL Credit (TCRD) has committed to put up $120M initially, and partner Perspeta $30M into the vehicle named THL Credit Logan JV LLC. In addition, Logan JV has agreed to terms with a 3rd party to provide credit financing, and the portfolio is expected to make its first investments before year-end.
  • Source: Press release

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