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Triangle Capital (TCAP) Closes Offering of 3.7M Shares at $19/Share

February 13, 2012 9:18 AM EST
TCAP Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

Dividend Yield: 9.6%
Triangle Capital (Nasdaq: TCAP) closed its public offering of 3.7 million shares at $19 per share. The underwriters fully exercised their option to buy 555,000 additional shares to cover over-allotments.

Net proceeds for the offering were $77 million.


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