On March 19, 2026, TCW Strategic Income Fund, Inc. (NYSE: TSI) announced the preliminary results of its transferable rights offering, which was conducted to benefit its common stockholders. The offering, which commenced on February 19, 2026, and concluded on March 18, 2026, allowed shareholders to subscribe for a total of 15,928,480 shares of common stock at a subscription price of $4.47 per share. This price was set at 88% of the Fund's net asset value (NAV) per share at the close of trading on the expiration date. The offering was oversubscribed, indicating strong demand from investors. The anticipated gross proceeds from this offering are approximately $71 million, which the Fund plans to utilize in alignment with its investment objectives and policies. The successful completion of this rights offering is expected to enhance the Fund's liquidity and provide additional capital for investment opportunities. The Fund will cover the expenses associated with the offering, which will indirectly affect the common stockholders. This strategic move is seen as a positive step towards strengthening the Fund's financial position and expanding its investment capabilities.

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