THL Credit Offering 5.3M Shares

THL Credit

("THL Credit") announced that it plans to make a public offering of 5,300,000 shares of its common stock. THL Credit also plans to grant the underwriters an option to purchase up to an additional 795,000 shares of common stock. The offering of the shares will be made under THL Credit's existing shelf registration statement, which was filed with, and declared effective by, the Securities and Exchange Commission. BofA Merrill Lynch, Citigroup, Credit Suisse and RBC Capital Markets are acting as joint book-running managers for this offering. BB&T Capital Markets, a division of Scott & Stringfellow, LLC, and JMP Securities are acting as co-managers for this offering. THL Credit expects to use the net proceeds of this offering to repay outstanding indebtedness under its revolving credit facility and for general corporate purposes, including working capital requirements. Through reborrowing under its revolving credit facility, THL Credit intends to invest in debt and equity securities of middle market companies in accordance with its investment objective and strategies.