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NAS:TCRD (USA) Also Trade In: Germany

THL Credit Inc $ 6.89 -0.04 (-0.58%)

Volume:
35,278
Avg Vol (1m):
70,519
Market Cap $:
214.04 Mil
Enterprise Value $:
421.22 Mil
P/E (TTM):
0.00
P/B:
0.80
Warning! GuruFocus has detected 1 Medium warning sign with TCRD. Click here to check it out.
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TCRD News and Headlines - THL Credit

GuruFocus Articles Total 49
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An uptick in valuation that is not supported by quality

This is a timely short. THL Credit Inc. (TCRD) closed on Tuesday at $6.80, about 80% of its second-quarter reported net asset value of $8.49, compared to the high of 81% so far in 2019. This uptick in valuation is opposite of the stock’s quality.

While 80% might seem cheap when compared to quality business development companies like Ares Capital Corp. (ARCC) or Main Street Capital Corp. (MAIN), given its questionable credit history, pending credit issues as well as shaky dividend coverage, THL Credit doesn't even come close. Relative to companies in similar situations, the stock is on the expensive

76 Views    Lisha Li    2019-10-16 19:24

BOSTON, Oct. 09, 2019 (GLOBE NEWSWIRE) -- Eagle Growth and Income Opportunities Fund (the “Fund”) (: EGIF) today announced the declaration of its monthly distribution of $0.08 per common share, payable on October 31, 2019.  Based on the Fund’s share price of $15.30 as of its close on October 8, 2019, the distribution represents an annualized yield of 6.27%.  Information regarding the distribution rate is included for informational purposes only and is not necessarily indicative of future results, the achievement of which cannot be assured.  The distribution

0 Views    Marketwired    2019-10-09 12:00

BOSTON, Oct. 07, 2019 (GLOBE NEWSWIRE) -- THL Credit, Inc. ( TCRD) (the “Company"), announced today that it will report its financial results for the third fiscal quarter ended September 30, 2019 after the market closes on Monday, November 4, 2019.

The Company will host a conference call to discuss these results and its business outlook on Tuesday, November 5, 2019, at 10:30 a.m. Eastern Time. For those wishing to participate by telephone, please dial (877) 375-9141 (domestic) or (253) 237-1151 (international) and use passcode 5051138.

0 Views    Marketwired    2019-10-07 16:00

Lake Shore CLO II Closes at $306 Million

BOSTON, Sept. 23, 2019 (GLOBE NEWSWIRE) -- THL Credit Advisors LLC ("THL Credit"), a leading alternative credit manager with $17 billion of AUM, today announced that it has closed THL Credit Lake Shore CLO II at $306 million (“Lake Shore II”). The offering represents THL Credit’s second collateralized loan obligation (“CLO”) that includes middle market leveraged loans. The previous offering, THL Credit Lake Shore CLO I, closed in April 2019 at $411 million.

With the completion

0 Views    Marketwired    2019-09-24 00:00

Value-Oriented, Proactive Approach to Achieve Risk-Adjusted Returns

BOSTON, Sept. 10, 2019 (GLOBE NEWSWIRE) -- THL Credit Advisors, LLC (“THL Credit” or the “Company”) today announced that it has developed and begun utilizing a new investment framework for assessing environmental, social, and governance (“ESG”) factors in analyzing credit quality and risk factors. THL Credit said the goal is to increase the consideration of ESG factors and better understand their impact on the long-term value and strength of its borrowers across the firm’s

0 Views    Marketwired    2019-09-10 16:01

BOSTON, Sept. 09, 2019 (GLOBE NEWSWIRE) -- Eagle Growth and Income Opportunities Fund (the “Fund”) (: EGIF) today announced the declaration of its monthly distributions of $0.08 per common share, payable on September 30, 2019. Based on the Fund’s share price of $15.86 as of its close on September 6, 2019, the distribution represents an annualized yield of 6.05%. Information regarding the distribution rate is included for informational purposes only and is not necessarily indicative of future results, the achievement of which cannot be assured. The distribution

0 Views    Marketwired    2019-09-09 12:00

BOSTON, Aug. 29, 2019 (GLOBE NEWSWIRE) -- THL Credit Senior Loan Fund (the “Fund”) (: TSLF) today announced the declaration of monthly distributions of $0.101 per common share, payable on the dates noted below.  Based on the Fund’s share price of $14.62 as of its close on August 29, 2019, the distribution represents an annualized yield of 8.29%.  Information regarding the distribution rate is included for informational purposes only and is not necessarily indicative of future results, the achievement of which cannot be assured.  The distribution rate

0 Views    Marketwired    2019-08-30 00:00

Board expands permitted investments and also appoints new Trustee and officers

NEW YORK, Aug. 27, 2019 (GLOBE NEWSWIRE) -- Eagle Growth and Income Opportunities Fund (the "Fund") (NYSE: EGIF) today announced several actions related to previously-announced changes to the Fund's current investment advisory and sub-advisory arrangements. 

The Fund previously announced that the Fund's Board of Trustees (the "Board") approved THL Credit Advisors LLC ("THL Credit") to serve as the investment adviser to the Fund, replacing Four Wood Capital Advisors LLC ("FWCA").  The Board also approved the retention of Eagle

0 Views    GlobeNewswire    2019-08-28 04:00

Board expands permitted investments and also appoints new Trustee and officers

NEW YORK, Aug. 27, 2019 (GLOBE NEWSWIRE) -- Eagle Growth and Income Opportunities Fund (the "Fund") (: EGIF) today announced several actions related to previously-announced changes to the Fund's current investment advisory and sub-advisory arrangements. 

The Fund previously announced that the Fund's Board of Trustees (the "Board") approved THL Credit Advisors LLC ("THL Credit") to serve as the investment adviser to the Fund, replacing Four Wood Capital Advisors LLC ("FWCA").  The Board

0 Views    Marketwired    2019-08-28 00:00

PR Newswire

BOSTON, July 9, 2019 /PRNewswire/ -- THL Credit, Inc. (NASDAQ: TCRD) (the "Company"), announced today that it will report its financial results for the second fiscal quarter ended June 30, 2019 after the market closes on Thursday, August 8, 2019.

The Company will host a conference call to discuss these results and its business outlook on Friday, August 9, 2019, at 10:30 a.m. Eastern Time. For those wishing to

0 Views    PRNewswire    2019-07-09 16:11

BOSTON, May 29, 2019 (GLOBE NEWSWIRE) -- THL Credit Senior Loan Fund (the “Fund”) (: TSLF) today announced the declaration of monthly distributions of $0.101 per common share, payable on the dates noted below.  Based on the Fund’s share price of $15.68 as of its close on May 28, 2019, the distribution represents an annualized yield of 7.73%.  Information regarding the distribution rate is included for informational purposes only and is not necessarily indicative of future results, the achievement of which cannot be assured.  The distribution rate

0 Views    Marketwired    2019-05-29 12:00

Lake Shore CLO I Closes at $411 Million
Transaction Lifts Firm’s Assets To $17 Billion  

BOSTON, April 23, 2019 (GLOBE NEWSWIRE) -- THL Credit Advisors LLC ("THL Credit" or the “Company”), a leading alternative credit manager, today announced that it has closed THL Credit Lake Shore CLO I at $411 million (“Lake Shore I”). The offering represents THL Credit’s first collateralized loan obligation (“CLO”) that includes middle market leveraged loans.

With the completion of this deal, THL Credit and its affiliates now manage 24

0 Views    Marketwired    2019-04-24 00:02

BOSTON, April 08, 2019 (GLOBE NEWSWIRE) -- THL Credit, Inc. ( TCRD) (the “Company"), announced today that it will report its financial results for the first fiscal quarter ended March 31, 2019 after the market closes on Thursday, May 9, 2019.

The Company will host a conference call to discuss these results and its business outlook on Friday, May 10, 2019, at 10:30 a.m. Eastern Time.  For those wishing to participate by telephone, please dial (877) 375-9141 (domestic) or (253) 237-1151 (international).  Use passcode 1538398. 

0 Views    Marketwired    2019-04-09 00:01

BOSTON, March 04, 2019 (GLOBE NEWSWIRE) -- THL Credit Senior Loan Fund (the “Fund”) (: TSLF) today announced the declaration of monthly distributions of $0.101 per common share, payable on the dates noted below.  Based on the Fund’s share price of $15.43 as of its close on March 4, 2019, the distribution represents an annualized yield of 7.85%.  Information regarding the distribution rate is included for informational purposes only and is not necessarily indicative of future results, the achievement of which cannot be assured.  The distribution rate

0 Views    Marketwired    2019-03-05 01:00

BOSTON, Feb. 06, 2019 (GLOBE NEWSWIRE) -- THL Credit, Inc. ( TCRD) (the “Company"), announced today that it will report its financial results for the fourth quarter and fiscal year ended December 31, 2018 after the market closes on Wednesday, March 6, 2019.

The Company will host a conference call to discuss these results and its business outlook on Thursday, March 7, 2019, at 10:30 a.m. Eastern Time.  For those wishing to participate by telephone, please dial (877) 375-9141 (domestic) or (253) 237-1151 (international).  Use

0 Views    Marketwired    2019-02-07 01:00

Transaction represents THL Credit’s third CLO completion this year

BOSTON, Dec. 10, 2018 (GLOBE NEWSWIRE) -- THL Credit Advisors LLC ("THL Credit" or the “Company”), a leading alternative credit manager, today announced that it has closed on THL Credit Wind River 2018-3, a $508 million collateralized loan obligation ("CLO"), led by Citigroup. THL Credit and its affiliates currently manage 21 CLOs totaling more than $12 billion in assets.

“With the completion of our third and final new issue CLO of 2018, THL Credit

0 Views    Marketwired    2018-12-11 01:02

BOSTON, Dec. 03, 2018 (GLOBE NEWSWIRE) -- THL Credit Senior Loan Fund (the “Fund”) (NYSE: TSLF) today announced the declaration of monthly distributions of $0.101 per common share, payable on the dates noted below.  Based on the Fund’s share price of $15.58 as of its close on December 3, 2018, the distribution represents an annualized yield of 7.78%.  Information regarding the distribution rate is included for informational purposes only and is not necessarily indicative of future results, the achievement of which cannot be assured.  The distribution rate should not be

0 Views    GlobeNewswire    2018-12-04 05:00

BOSTON, Dec. 03, 2018 (GLOBE NEWSWIRE) -- THL Credit Senior Loan Fund (the “Fund”) (: TSLF) today announced the declaration of monthly distributions of $0.101 per common share, payable on the dates noted below.  Based on the Fund’s share price of $15.58 as of its close on December 3, 2018, the distribution represents an annualized yield of 7.78%.  Information regarding the distribution rate is included for informational purposes only and is not necessarily indicative of future results, the achievement of which cannot be assured.  The distribution rate

0 Views    Marketwired    2018-12-04 05:00

BOSTON, Nov. 06, 2018 (GLOBE NEWSWIRE) -- THL Credit Senior Loan Fund (the “Fund”) (: TSLF) today announced the declaration of its monthly distribution of $0.096 per common share, payable November 30, 2018.  Based on the Fund’s share price of $16.03 as of its close on November 6, 2018, the distribution represents an annualized yield of 7.19%.  Information regarding the distribution rate is included for informational purposes only and is not necessarily indicative of future results, the achievement of which cannot be assured.  The distribution rate should

0 Views    Marketwired    2018-11-07 01:02

BOSTON, Oct. 11, 2018 (GLOBE NEWSWIRE) -- THL Credit, Inc. ( TCRD) (the “Company"), announced today that it will report its financial results for the third fiscal quarter ended September 30, 2018 after the market closes on Wednesday, November 7, 2018.

The Company will host a conference call to discuss these results and its business outlook on Thursday, November 8, 2018, at 10:00 a.m. Eastern Time.  For those wishing to participate by telephone, please dial (877) 375-9141 (domestic) or (253) 237-1151 (international).  Use passcode 3364419. 

0 Views    Marketwired    2018-10-12 00:01

Headlines Total 129
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2019-10-16 $ 6.89 (0.58%)
2:24pm
Short THL Credit - GuruFocus.com
2019-10-07 $ 6.68 (0.6%)
11:00am
2019-09-23 $ 6.76 (-2.03%)
7:00pm
2019-09-10 $ 6.95 (1.31%)
11:01am
2019-08-29 $ 6.66 (-0.6%)
7:00pm
2019-08-27 $ 6.7 (%)
7:00pm
2019-08-09 $ 6.53 (-0.46%)
2:49pm
8:58am
2019-08-08 $ 6.56 (0.77%)
5:40pm
2019-08-01 $ 6.6 (-0.9%)
9:33am
2019-05-29 $ 6.72 (0.15%)
7:00am
2019-05-10 $ 6.75 (-2.32%)
5:37pm
11:27am
2019-05-02 $ 6.8 (-0.29%)
9:32am
2019-04-23 $ 6.78 (0.3%)
7:02pm
2019-04-08 $ 6.68 (-0.15%)
7:01pm
2019-03-07 $ 6.67 (-1.77%)
5:20pm
4:52pm
10:36am
2019-03-05 $ 6.8 (-1.59%)
1:11pm
2019-03-04 $ 6.91 (0.73%)
7:00pm
2019-02-06 $ 6.86 (-0.58%)
7:00pm
2019-01-12
3:10am
2019-01-09 $ 6.59 (-1.79%)
12:08pm
2018-12-10 $ 7.12 (-2.06%)
7:02pm
2018-12-03 $ 7.21 (0.56%)
11:00pm
2018-11-20 $ 7.05 (-2.76%)
12:41pm
2018-11-19 $ 7.25 (0.83%)
10:39pm
2018-11-10
7:07am
2018-11-09 $ 7.25 (-1.89%)
1:40pm
2018-11-08 $ 7.39 (-3.65%)
11:39pm
2:39pm
6:30am
2018-11-06 $ 7.65 (0.79%)
7:02pm
2018-11-02 $ 7.62 (-0.91%)
7:00am
2018-11-01 $ 7.69 (-0.13%)
8:38am
2018-10-28
12:12pm
2018-10-25 $ 7.7 (0.65%)
11:59pm
2018-10-15 $ 7.77 (0.13%)
9:11am
2018-10-14
12:32pm
2018-10-11 $ 7.81 (-0.76%)
7:01pm
12:53pm
8:35am
2018-10-05 $ 8.04 (%)
11:52am
11:00am
2018-10-02 $ 8.11 (-0.12%)
7:25pm
7:07pm
11:02am
2018-09-20 $ 7.99 (-0.75%)
7:02pm
2018-09-18 $ 8.12 (-2.05%)
10:43pm
2018-09-11 $ 8.72 (0.11%)
9:02pm
3:00pm
2018-09-06 $ 8.63 (0.82%)
12:30pm
2018-09-05 $ 8.56 (%)
2:18pm
2018-09-04 $ 8.56 (0.12%)
7:02pm
12:37am
2018-08-28 $ 8.52 (0.24%)
1:20pm
2018-08-16 $ 8.4 (%)
10:40am
2018-08-15 $ 8.4 (-0.24%)
10:09pm
2018-08-14 $ 8.42 (2.06%)
3:37pm
2018-08-10 $ 8.19 (1.49%)
7:00am
2018-08-09 $ 8.07 (2.93%)
3:38pm
2:31pm
11:03am
2018-08-08 $ 7.84 (-0.51%)
7:35pm
2018-08-07 $ 7.88 (-0.88%)
7:00pm
2018-08-06 $ 7.95 (-0.13%)
7:02am
2018-08-01 $ 7.93 (-0.5%)
11:11am
2018-07-31 $ 7.97 (0.5%)
1:23pm
5:20am
2018-07-26 $ 8.03 (-1.23%)
5:15pm
2018-07-11 $ 8.16 (-1.09%)
11:03am
2018-07-10 $ 8.25 (%)
11:05am
2018-07-06 $ 8.14 (0.37%)
4:44am
2018-06-25 $ 7.92 (0.51%)
6:13pm
12:26pm
2018-06-24
6:46am
2018-06-04 $ 7.96 (1.53%)
9:56pm
2:26pm
2018-05-26
3:30pm
2018-05-24 $ 7.78 (-0.13%)
2:28am
2018-05-23 $ 7.79 (-0.13%)
9:11pm
2018-05-15 $ 7.8 (-0.51%)
4:43am
2018-05-04 $ 7.75 (-0.26%)
2:01pm
2018-04-30 $ 7.91 (0.38%)
11:41am
3:01am
2018-04-28
3:08pm
2018-04-12 $ 7.89 (0.13%)
7:01pm
2018-04-06 $ 7.85 (-0.13%)
3:00pm
2018-04-02 $ 7.76 (-0.13%)
7:01pm
6:30am
2018-03-28 $ 7.76 (0.13%)
5:54pm
11:56am
2018-03-13 $ 8.2 (-0.61%)
3:50am
2018-03-12 $ 8.25 (-0.6%)
2:57pm
2018-03-07 $ 8.24 (-3.17%)
10:58am
2018-03-05 $ 8.46 (1.56%)
6:57am
2018-02-28 $ 8.3 (-1.19%)
12:02pm
11:54am
2018-02-27 $ 8.4 (-0.83%)
1:38pm
Total 129
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