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Published on 8/26/2010 in the Prospect News Convertibles Daily and Prospect News Preferred Stock Daily.

TICC Capital files $50 million shelf covering stock and preferreds

By Devika Patel

Knoxville, Tenn., Aug. 26 - TICC Capital Corp. filed a $50 million shelf registration in a Form N-2 filing with the Securities and Exchange Commission.

The registration covers common stock, preferred stock, subscription rights and warrants.

The preferreds may be structured as convertibles.

TICC Capital, a specialty finance company in Greenwich, Conn., will use the proceeds for general corporate purposes.


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