Company sells 3,124,984 common shares at $16.00 per share in offering
By Devika Patel
Knoxville, Tenn., March 26 - TPG Specialty Lending, Inc. completed a $50 million private placement of stock on March 20, according to an 8-K filed Monday with the Securities and Exchange Commission.
The company sold 3,124,984 common shares at $16.00 per share.
TPG Specialty Lending is a private Fort Worth, Texas-based specialty finance investment company focused on middle-market lending.
| Issuer: | TPG Specialty Lending, Inc.
|
| Issue: | Common stock
|
| Amount: | $50 million
|
| Shares: | 3,124,984
|
| Price: | $16.00
|
| Warrants: | No
|
| Settlement date: | March 20
|
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