From Earlier: Tortoise North American Energy Corp Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update

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Tortoise North American Energy Corp.
TYN
yesterday announced that as of Dec. 31, 2011, the company's unaudited total assets were approximately $217.5 million and its unaudited net asset value was $162.2 million or $25.76 per share. As of Dec. 31, 2011, the company was in compliance with its asset coverage ratios under the Investment Company Act of 1940 (the 1940 Act). The company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 634 percent. For more information on calculation of coverage ratios, please refer to our most recent applicable prospectus.
Posted In: News
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