Technology Investment Capital Corp.: TICC Announces $11 Million Transaction With Mortgagebot, LLC
28th Sep 2005, 18:59 GMT
GREENWICH, CT (MARKET WIRE) Technology Investment Capital Corp. (NASDAQ: TICC) announced today that it has completed an $11 million investment in senior second lien notes issued by Mortgagebot, LLC. The Company is a provider of Internet-based loan origination solutions for the mortgage lending industry. TICC's investment supports the recapitalization of Mortgagebot by Spectrum Equity Investors.
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