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Published on 5/17/2013 in the Prospect News PIPE Daily.

Harvest greenshoe exercised for $57.5 million IPO of common stock

Company offers 3,833,333 common shares at $15.00 apiece

By Devika Patel

Knoxville, Tenn., May 17 - Harvest Capital Credit Corp. said the underwriters for its initial public offering of stock opted to exercise the deal's $6.5 million greenshoe in full for total proceeds of $57.5 million. The deal priced for $51 million with the greenshoe on May 3.

The company sold 3,833,333 common shares at $15.00 apiece. Of the shares, 433,333 were part of the fully exercised greenshoe.

Keefe, Bruyette & Woods, JMP Securities and William Blair were the joint bookrunning managers.

The specialty finance company is based in New York.

Issuer:Harvest Capital Credit Corp.
Issue:Common stock
Amount:$57,499,995 (including $6,499,995 greenshoe)
Shares:3,833,333
Price:$15.00
Warrants:No
Bookrunners:Keefe, Bruyette & Woods, JMP Securities and William Blair
Co-lead managers:Janney Montgomery Scott and Sterne Agee
Co-managers:Wunderlich Securities and Sandler O'Neill + Partners, LP
Pricing date:May 3
Settlement date:May 17
Stock symbol:Nasdaq: HCAP

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