THL Credit IPO Prices Below Range

NEW YORK (Reuters) – Investment company THL Credit Inc (TCRD.O) priced shares in its initial public offering below the expected range on Wednesday, but sold more shares than anticipated, according to an underwriter.The company sold 15.3 million shares for $13 each, raising about $199 million. It had planned to sell 13.7 million shares for $15 each. (Reporting by Clare Baldwin; editing by Andre Grenon)