TCW STRATEGIC INCOME FUND INC 8-K

What Happened

• TCW Strategic Income Fund, Inc. (NYSE: TSI) filed an 8-K on Feb 23, 2026 disclosing that on Feb 19, 2026 it entered into a Dealer Manager Agreement with TCW Investment Management Company LLC and UBS Securities LLC to conduct a transferable rights offering.
• Record-date shareholders (as of Feb 19, 2026) will receive one transferable Right per outstanding share, allowing holders to subscribe for one new share of common stock for every three Rights exercised (1-for-3), covering up to 15,928,480 shares. The offering is being made pursuant to a prospectus supplement (Feb 19, 2026) and the Fund’s effective Form N-2 registration statement.

Key Details

• Record Date: Feb 19, 2026; Rights: one Right per share owned on that date.
• Subscription ratio: 1 new share per 3 Rights (1-for-3); total maximum shares offered: 15,928,480.
• Special provisions: shareholders owning fewer than three shares on the Record Date may subscribe for one full share; holders who fully exercise may apply for additional shares from unexercised Rights subject to limitations and allotment.
• Administrative parties: Subscription Agent — Equiniti Trust Company, LLC; Information Agent — EQ Fund Solutions, LLC; legal opinion filed from Venable LLP.

Why It Matters

• This is a capital-raising move that gives existing TSI shareholders the first opportunity to buy newly issued shares proportionally. For investors, it creates both an opportunity to avoid dilution by exercising Rights and a potential source of dilution if they do not participate.
• The filing sets the procedural and legal framework (dealer manager, subscription/information agents, prospectus supplement) but does not disclose the subscription price in this 8-K; shareholders should review the prospectus supplement for pricing, deadline and other exercise terms before deciding.