Crescent Capital BDC, Inc. and First Eagle Alternative Capital BDC, Inc. Announce Election Deadline for FCRD Stockholders to Elect Form of Consideration

Author's Avatar
Feb 23, 2023

First Eagle Alternative Capital BDC, Inc. (NASDAQ: FCRD) (“FCRD”) and Crescent Capital BDC, Inc. (NASDAQ: CCAP) (“CCAP”) today announced that the deadline (the “Election Deadline”) for FCRD’s stockholders of record to elect to receive cash consideration in lieu of shares of CCAP common stock in connection with the pending merger of CCAP and FCRD (the “Merger”) is 5:00 p.m., Eastern Time, on March 2, 2023. The Election Deadline is based on CCAP’s and FCRD’s expectation that FCRD’s special meeting of stockholders to approve matters relating to the Merger will be held as scheduled on March 7, 2023.