TCW Strategic Income Fund raises $71M in rights offer

TCW Strategic Income Fund, Inc. reported preliminary results of its transferable rights offering to common stockholders.

Rhea-AI Filing Summary

TCW Strategic Income Fund, Inc. reported preliminary results of its transferable rights offering to common stockholders. The offer is expected to result in the issuance of 15,928,480 new common shares, generating anticipated gross proceeds of about $71 million at a subscription price of $4.47 per share.

The subscription price was set at 88% of the Fund’s net asset value per share as of the offer’s expiration. The offering was oversubscribed, and shares will be issued after processing payments and pro-rata allocations. The Fund plans to invest the net proceeds and related increase in borrowings according to its existing investment objective and policies, while the Fund and indirectly its stockholders will bear the offering expenses.

Insights

Closed-end fund analyst

Oversubscribed rights offer raises about $71 million for TCW Strategic Income Fund.

The Fund completed an oversubscribed transferable rights offering, issuing 15,928,480 new common shares at $4.47, equal to 88% of net asset value per share on the expiration date. This raises anticipated gross proceeds of approximately $71 million for deployment under the existing strategy.

Because this was a rights offer to existing common stockholders, participation helps mitigate dilution, although non-participants are diluted as the share count rises. The Fund will bear offering expenses, indirectly impacting stockholders, but gains additional capital and borrowing capacity to invest consistent with its total-return objective.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did TCW Strategic Income Fund (TSI) announce about its rights offering?

TCW Strategic Income Fund announced preliminary results of its transferable rights offering, indicating it expects to issue 15,928,480 new common shares. The oversubscribed offer provides additional capital for the Fund to invest according to its existing total-return investment objective and policies.

How much capital is TCW Strategic Income Fund (TSI) raising in the rights offering?

The rights offering is expected to generate anticipated gross proceeds of about $71 million for TCW Strategic Income Fund. These funds, along with an associated increase in borrowings, are intended to be invested in line with the Fund’s current investment objective and portfolio policies.

What is the subscription price in the TCW Strategic Income Fund (TSI) rights offering?

The subscription price for the rights offering is $4.47 per share of common stock. This price was set at 88% of the Fund’s net asset value per share as of the close of trading on the New York Stock Exchange on the offering’s expiration date.

Was the TCW Strategic Income Fund (TSI) rights offering oversubscribed?

Yes. The company stated that the rights offering was oversubscribed. As a result, shares will be allocated on a pro-rata basis for over-subscription privileges, and common stock will be issued after all stockholder payments are received and the allocation process is completed.

How many new shares will TCW Strategic Income Fund (TSI) issue in the rights offering?

TCW Strategic Income Fund expects to issue 15,928,480 new shares of common stock through the rights offering. These shares result from rights exercised by existing common stockholders, including any notices of guaranteed delivery submitted before the offering’s expiration date.

Who pays the expenses of the TCW Strategic Income Fund (TSI) rights offering?

The Fund will pay the expenses associated with the rights offering, and these costs will be borne indirectly by the Fund’s common stockholders. This means offering expenses are effectively absorbed within the Fund, potentially influencing net assets available to all shareholders over time.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/19/2026 - 03:45 PM Learn about SEC filing dates

TCW STRATEGIC INCOME FUND INC false 0000809559 0000809559 2026-03-19 2026-03-19

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) March 19, 2026

TCW Strategic Income Fund, Inc.

(Exact name of registrant as specified in its charter)

Maryland				811-04980				93-0939398
(State or other jurisdiction of incorporation)				(Commission File Number)				(IRS Employer Identification No.)

515 South Flower Street
Los Angeles, California						90071
(Address of principal executive offices)						(Zip Code)

Registrants telephone number, including area code (212) 244-0000

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock		TSI		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐ Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

On March 19, 2026, the Fund issued a press release, included herewith as Exhibit 99.1, and by this reference incorporated herein, announcing the results of the Fund’s transferable rights (“Rights”) offering to the holders of the Fund’s shares of common stock (the “Common Stockholders”), par value $0.01 per share (the “Common Stock”), which entitled the holders of those Rights to subscribe for up to an aggregate amount of 15,928,480 shares of Common Stock. The Rights exercised in the offering will result in the issuance of 15,928,480 shares of Common Stock.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1 Press Release dated March 19, 2026

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, TCW Strategic Income Fund, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

				TCW Strategic Income Fund, Inc.
Date: March 19, 2026		By:		/s/ Richard Villa
				Name:		Richard Villa
				Title:		President and Principal Executive Officer

FOR IMMEDIATE RELEASE

TCW Strategic Income Fund Announces Preliminary Results of Transferable Rights Offering

LOS ANGELES – March 19, 2026– TCW Strategic Income Fund, Inc. (NYSE: TSI) (the “Fund”) today announced the preliminary results of its transferable rights offering (the “Offer”) to the Fund’s common stockholders (“Common Stockholders”), which commenced on February 19, 2026, and expired on March 18, 2026 (the “Expiration Date”).

The Offer is expected to result in the issuance of 15,928,480 shares of the Fund’s common stock, par value $0.01 per share (“Common Stock”) (including notices of guaranteed delivery), resulting in anticipated gross proceeds to the Fund of approximately $71 million. The Fund will pay the expenses associated with the Offer, which will be borne indirectly by the Fund’s Common Stockholders. The Fund intends to invest the net proceeds of the Offer and the associated increase in borrowings in accordance with its investment objective and policies.

The subscription price of $4.47 per share of Common Stock was determined based upon 88% of the Fund’s net asset value (“NAV”) per share of Common Stock at the close of trading on the NYSE on the Expiration Date. The Offer was oversubscribed. Shares of Common Stock will be issued promptly after receipt of all Common Stockholder payments and completion of the pro-rata allocation of shares of Common Stock in respect of the over-subscription privilege.

The information in this press release is not complete and is subject to change. This document is not an offer to sell any securities and is not soliciting an offer to buy any securities in any jurisdiction where the offer or sale is not permitted. This document is not an offering, which can only be made by a prospectus supplement and accompanying prospectus. Investors should consider the Fund’s investment objective, risks, charges, and expenses carefully before investing. There is no assurance that the Fund will achieve its investment objective. Such information, including other information about the Fund, can be found on file with the Securities and Exchange Commission and should be read carefully before investing.

About TCW Strategic Income Fund, Inc.

TCW Strategic Income Fund, Inc. is a diversified, closed-end management investment company. The Fund’s investment objective is to seek a total return comprised of current income and capital appreciation. The Fund seeks to achieve its objective by investing in a diversified portfolio of fixed income and equity investments, including opportunities in private credit and asset-backed financings.

About The TCW Group

TCW is a leading global asset management firm with a broad range of products across fixed income, alternative investments, equities, and emerging markets with over half a century of investment experience. Through its TCW MetWest Funds, TCW Funds and ETFs, TCW manages one of the largest fund complexes in the U.S. TCW’s clients include many of the world’s largest corporate and public pension plans, financial institutions, endowments and foundations, as well as financial advisors and high net worth individuals. For more information, please visit www.tcw.com.

Investor Contact:

Tel: 800-386-3829

TCW Media Contact:

Monique Le

Global Head of Marketing

Tel: +1 212-771-4260

Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund’s investment return and principal value will fluctuate so that an investor’s shares of Common Stock may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the NAV of such fund’s portfolio. There is no assurance that the Fund will achieve its investment objective. Past performance does not guarantee future results.

The Fund will pay the expenses associated with the Offer which will be borne indirectly by the Fund’s stockholders.

Forward Looking Statements

Various matters discussed in this news release constitute forward-looking statements within the meaning of the federal securities laws. Actual results and the timing of certain events could differ materially from those projected or contemplated by these forward-looking statements due to a number of factors, including general economic conditions, overall availability of certain types of securities for investment by the Fund, the level of volatility in the securities markets and in the share price of the Fund, and other risk factors outlined in the Fund’s SEC Filings.

Filing Exhibits & Attachments

4 documents

Press Releases

• EX-99.1 EX-99.1 7.3 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 2.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 16.8 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 10.5 KB