By Wendy Van Sickle
Columbus, Ohio, March 3 – Bain Capital Specialty Finance, Inc. priced $300 million of 2.95% five-year notes (Baa3), according to a news release.
The notes feature a make-whole call and then a par call.
Goldman Sachs & Co. LLC is the bookrunner.
Proceeds will be used to repay debt.
Bain Capital Specialty is a business development company based in Boston.
| Issuer: | Bain Capital Specialty Finance, Inc.
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| Amount: | $300 million
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| Description: | Notes
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| Maturity: | March 10, 2026
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| Bookrunner: | Goldman Sachs & Co. LLC
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| Coupon: | 2.95%
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| Call features: | Make-whole call until one month before maturity, then par call
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| Trade date: | March 3
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| Settlement date: | March 10
|
| Rating: | Moody’s: Baa3
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