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Published on 9/1/2017 in the Prospect News Investment Grade Daily and Prospect News Private Placement Daily.

New Issue: Corporate Capital places $105 million more of 5% senior notes due 2022

By Devika Patel

Knoxville, Tenn., Sept. 1 – Corporate Capital Trust, Inc. said it settled an additional $105 million of 5% five-year senior unsecured notes on Aug. 31. The deal priced on June 23 and raised $140 million on June 28.

GreensLedge Capital Markets LLC was the agent.

Proceeds will be used for general corporate purposes, including debt repayment.

Corporate Capital Trust is an Orlando, Fla.-based business development company that invests primarily in the debt of privately owned companies.

Issuer:Corporate Capital Trust, Inc.
Description:Senior unsecured notes
Amount:$245 million
Maturity:June 28, 2022
Agent:GreensLedge Capital Markets LLC
Coupon:5%
Trade date:June 23
Settlement dates:June 28 ($140 million), Aug. 31 (for $105 million)
Distribution:Private placement

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