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November 2, 2017

Triangle Capital TCAP STOCK got hit today.

We own the BOND TCCA in the Core Portfolio and they are also are getting hit.  The low for the day is $24.09.

If you do not own TCCA or want to add, this is a good time.  The price right now is $24.93.  Altho you will not get the bargain that could be had earlier today, this is still a BUY.  (Do not buy the stock……buy TCCA the bond.)

QUANTUMONLINE.COM SECURITY DESCRIPTION: Triangle Capital Corp., 6.375% Senior Notes due 12/15/2022, issued in $25 denominations, redeemable at the issuer’s option on or after 12/15/2015 at $25 per share plus accrued and unpaid interest, and maturing 12/15/2022. Interest distributions of 6.375% ($1.59375 per annum or $0.3984375) are paid quarterly on 3/15, 6/15, 9/15 & 12/15 to holders of record on the record date which will be 3/1, 6/1, 9/1 & 12/1 respectively

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