Texas Capital (TCBI) Unveils Capital Direct Lending Platform
TCBITexas Capital Bancshares(TCBI) ZACKS·2024-08-06 23:35

Texas Capital Bancshares, Inc. (TCBI) announced a new private credit strategy with the launch of the Texas Capital Direct Lending (TCDL) platform. The new platform will focus on Texas-based middle market companies and private equity sponsors, with an emphasis on senior secured floating rate term loans. TCDL will offer non-bank private capital to the middle market.TCDL will be an integral part of Texas Financing's Corporate & Investment Bank, allowing Texas Capital clients and prospects to access a broader r ...