Trade TCG BDC, Inc. - CGBD CFD

TCG BDC, Inc. Company profile

About TCG BDC Inc

TCG BDC, Inc. is an externally managed, non-diversified closed-end investment company. The Company’s investment objective is to generate current income and capital appreciation primarily through debt investments. The Company's core investment strategy focuses on lending to the United States and middle-market companies. The Company seeks to achieve its investment objective primarily through direct origination of secured debt instruments. The Company’s first lien senior secured loans, including stand-alone first lien loans, first lien/last out loans and unitranche loans. Its Second lien senior secured loans, including Middle market senior loans with the balance of its assets invested in higher-yielding investments, including unsecured debt, mezzanine debt and investments in equities. The Company is managed by its investment adviser, Carlyle Global Credit Investment Management L.L.C.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, TCG BDC Inc revenues decreased 6% to $171.2M. Net income applicable to common stockholders increased from $4.6M to $156.9M. Revenues reflect Interest income from non-controlled/non- decrease of 8% to $134.4M, Other income from non-controlled/non-aff decrease of 42% to $6.4M, Interest income from controlled/affiliat decrease of 95% to $185K.