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Triangle Capital Corporation Reports Second Quarter 2016 Results

August 3, 2016 4:17 PM EDT

RALEIGH, N.C., Aug. 03, 2016 (GLOBE NEWSWIRE) -- Triangle Capital Corporation (NYSE: TCAP) (Triangle or the Company), a leading provider of capital to lower middle market companies, today announced its financial and operating results for the second quarter of 2016.

Highlights

Total Investment Portfolio: $930.8 millionTotal Net Assets (Equity): $498.3 million$617.9 million including proceeds from July, 2016, equity offeringNet Asset Value Per Share (Book Value): $14.82Weighted Average Yield on Debt Investments: 12.3%Efficiency... More