5.75 million shares sold via Robert W. Baird, William Blair, Janney
By Devika Patel
Knoxville, Tenn., Oct. 2 - Monroe Capital Corp. said the underwriters for its initial public offering of stock elected to exercise the $11.25 million greenshoe in full for total proceeds of $86.25 million.
The company sold 5.75 million common shares at $15.00 per share. Of the shares, 750,000 were part of the fully exercised greenshoe.
The deal was conducted by joint bookrunning Robert W. Baird & Co. Inc., William Blair & Co., LLC and Janney Montgomery Scott.
The investment firm is based in Chicago.
| Issuer: | Monroe Capital Corp.
|
| Issue: | Common stock
|
| Amount: | $86.25 million (including $11.25 million greenshoe)
|
| Shares: | 5.75 million
|
| Price: | $15.00
|
| Warrants: | No
|
| Bookrunners: | Robert W. Baird & Co. Inc., William Blair & Co., LLC and Janney Montgomery Scott
|
| Co-lead managers: | BB&T Capital Markets and Stephens Inc.
|
| Co-managers: | Ladenburg Thalmann & Co. Inc. and Wunderlich Securities, Inc.
|
| Settlement date: | Nov. 27
|
| Stock symbol: | Nasdaq: MRCC
|
| Stock price: | $15.05 at close Nov. 26
|
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