First Eagle Alternative Capital BDC, Inc.

First Eagle Alternative Capital BDC, Inc.

$24.46
0.05 (0.2%)
New York Stock Exchange
USD, US
Investment - Banking & Investment Services

FCRX Price Chart

Basic
Market Cap$902.82M
Price$24.46
52 Week Range23.27-24.6
Beta0.87
Margins
Gross Profit Margin79.80%
Operating Profit Margin87.58%
Net Profit Margin53.04%
Valuation (TTM)
P/E Ratio8.90
Price to Sales Ratio4.72
Price to Book Ratio1.20
PEG Ratio-4.17

Industry

Investment - Banking & Investment Services

Sector

Financial Services

IPO Date

2021-05-28T00:00:00.000Z

Description

THL Credit, Inc. is a business development company specializing in direct and fund of fund investments. The fund seeks to invest in debt and equity securities of middle market companies. It seeks to invest in PIPES, growth, acquisition, market or product expansion, recapitalization, mature, and change of control transactions in both sponsored and unsponsored issuers. The fund does not intend to invest in start-up companies, operationally distressed situations, or companies with speculative business plans. The fund invests primarily in debt securities, including unsecured subordinated or mezzanine debt and second lien secured debt, which may include an associated equity component such as warrants, preferred stock, options to buy minority interest, and other similar securities. Its investments may also include high-yield bonds, private equity investments, securities of public companies that are broadly traded, and securities of non-United States companies. It seeks to invest in outsourced business services, healthcare, financials, retailing, media, and consumer discretionary. The fund may make direct equity investments, including equity investments into or through funds, and also selectively invest in syndicated first lien secured loans, including unitranche investments. It seeks to invest between $10 million and $25 million of capital per transaction in companies with annual revenues ranging from $25 million to $500 million and annual EBITDA between $5 million and $25 million. The fund prefers to be a lead or sole investor in a transaction.

Phone

800-450-4424

Address

500 Boylston Street, Boston, MA, 02110, US

CIK

0001464963