Effective Jan. 10, 2018, Corporate Capital Trust II has suspended the continuous public offering of its common shares.
|Maximum Offering Size||275 million shares|
|Share Pricing Frequency1||Weekly|
|Published Net Asset Value (NAV)||Monthly|
|Investment Focus||Primarily in the debt of private American companies|
|Geographic Focus||Primarily within the United States.|
|Investment Objective2||Current income and, to a lesser extent, long-term capital appreciation|
|Distribution Payment Schedule3||Monthly See distribution history|
|Distribution Reinvestment Price||Public offering price net of upfront selling commissions and dealer manager fees|
Limited Share Repurchase Program
|Once implemented, quarterly share repurchase price will be based on the investment’s NAV.|
|Exit Strategy||While there can be no assurances regarding the timing of a liquidity event, the board of trustees must consider liquidity options on or before five years after the offering's completion.|
|Financial Suitability Standards||Minimum standards are $250,000 net worth, or $70,000 net worth and $70,000 annual gross income (excluding home, furnishings or personal automobiles). Some states or selling firms may have additional standards. These include, but are not limited to, AL, CA, IA, ID, KS, KY, ME, MI, ND, NE, NJ, NM, OH, OK, TN, TX and VT.|
The offering of Corporate Capital Trust II common stock is not available to residents of Massachusetts.
Read the prospectus, including the Risk Factors section, for details.
1 The offering price will be adjusted to ensure shares are not sold at a value that is below the NAV of Corporate Capital Trust II.
2 There is no assurance that this objective will be met.
3 Distributions are not guaranteed in frequency or amount. Since inception, distributions have been supported by the advisors in the form of fee waivers and operating expense support waivers, and are not estimated to be a return of capital or supported by borrowed funds. Distributions exceed earnings and are not based on the investment performance; there can be no assurance that distributions will be sustained at current levels or at all. Corporate Capital Trust II is obligated to repay the advisors over several years, reducing future distributions and potentially diluting value for future shareholder
4 The board of trustees for Corporate Capital Trust II may, but is not required to, implement an SRP, which is expected to be limited to 2.5 percent of the weighted average number of shares outstanding in any quarter. The SRP, when implemented, may be suspended, modified or terminated by the board of trustees at any time.