RALEIGH, N.C., Oct. 16, 2012 (GLOBE NEWSWIRE) -- Triangle Capital Corporation (NYSE:TCAP) (the "Company") today announced that it has priced an underwritten public offering of $70.0 million in aggregate principal amount of 6.375% senior unsecured notes due 2022 (the "Notes"). The Notes will mature on December 15, 2022, and may be redeemed in whole or in part at any time or from time to time at the Company's option on or after December 15, 2015. The Notes will bear interest at a rate of 6.375% per year payable quarterly on March 15, June 15, September 15 and December 15 of each year, beginning December 15, 2012. The Company has also granted the underwriters a 30-day option to purchase up to an additional $10.5 million in aggregate principal amount of Notes to cover over-allotments, if any.
Triangle Capital Corporation Prices Public Offering Of $70.0 Million 6.375% Senior Unsecured Notes Due 2022
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