Crescent Capital BDC, Inc. Announces Board Appointments
May 06, 2020 at 02:25 am IST
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Crescent Capital BDC, Inc., at its annual general meeting held on May 4, 2020, elected Kathleen S. Briscoe as a Class I Director of the Corporation to serve for a two-year term expiring at the 2022 annual meeting of stockholders or until her successor is duly elected and qualified. Michael S. Segal and John S. Bowman were elected as Class II Directors of the Corporation who will each serve for a three-year term expiring at the 2023 annual meeting of stockholders or until their respective successor is duly elected and qualified.
Crescent Capital BDC, Inc. is a specialty finance company focused on lending to middle-market companies. The Companyâs investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through debt and related equity investments. It invests primarily in secured debt, including first lien, unitranche first lien and second-lien debt, and unsecured debt, including mezzanine and subordinated debt, as well as related equity securities of private United States middle-market companies. It is focused on purchasing interests in loans or make debt investments, either directly from its target companies as primary market or private credit investments (private credit transactions), or primary or secondary market bank loan or high yield transactions in the syndicated market (syndicated loans and bonds). Although its focus is to invest in less liquid private credit transactions. The Company is managed by Crescent Cap Advisors, LLC.
CRESCENT CAPITAL BDC, INC. 
