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Triangle Capital Corporation Reports Third Quarter 2016 Results

November 2, 2016 4:16 PM EDT

RALEIGH, N.C., Nov. 02, 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 third quarter of 2016.

Highlights

Total Investment Portfolio: $947.7 millionTotal Net Assets (Equity): $619.4 millionNet Asset Value Per Share (Book Value): $15.33Weighted Average Yield on Debt Investments: 12.3%Efficiency Ratio (Compensation and G&A Expenses/Total Investment Income):... More