TCG BDC, Inc. Declares Special Dividend of $0.20 per Share
New York – TCG BDC, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “TCG BDC” or the “Company”) (NASDAQ: CGBD) today announced that its Board of Directors declared a special dividend of $0.20 per share, which is payable on January 17, 2019 to stockholders of record as of December 28, 2018.
“We are pleased to announce a year end special dividend to our shareholders of $0.20 per share. We have also paid/declared $1.48 per share in regular dividends in 2018 year to date.” commented Michael Hart, Chairman and Chief Executive Officer.
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About TCG BDC, Inc.
TCG BDC is an externally managed specialty finance company focused on lending to middle-market companies. TCG BDC is managed by Carlyle Global Credit Investment Management L.L.C., an SEC-registered investment adviser and a wholly owned subsidiary of The Carlyle Group L.P. Since it commenced investment operations in May 2013 through September 30, 2018, TCG BDC has invested approximately $4.3 billion in aggregate principal amount of debt and equity investments prior to any subsequent exits or repayments. TCG BDC’s investment objective is to generate current income and capital appreciation primarily through debt investments in U.S. middle market companies. TCG BDC has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended.
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