Shareholders of TCG BDC Inc. approved lowering the company's minimum asset coverage ratio to 150% from 200%.
Shareholders approved the move during their annual meeting June 6. The change took effect June 7.
TCG BDC shareholders approve lower asset coverage ratio
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Shareholders of TCG BDC Inc. approved lowering the company's minimum asset coverage ratio to 150% from 200%.
Shareholders approved the move during their annual meeting June 6. The change took effect June 7.