Robert W. Baird, William Blair and RBC Capital Markets are bookrunners
By Devika Patel
Knoxville, Tenn., July 17 - Monroe Capital Corp. said it priced a $56.2 million public offering of stock with an $8.43 million greenshoe.
The company will sell 4 million common shares at $14.05 per share. The price per share is identical to the July 16 closing share price.
Robert W. Baird & Co. Inc., William Blair & Co., LLC and RBC Capital Markets, LLC are the joint bookrunning managers.
Settlement is expected on July 22.
Proceeds will be used to repay debt, invest in portfolio companies and for general corporation purposes.
The investment firm is based in Chicago.
| Issuer: | Monroe Capital Corp.
|
| Issue: | Common stock
|
| Amount: | $56.2 million
|
| Greenshoe: | $8.43 million
|
| Shares: | 4 million
|
| Price: | $14.05
|
| Warrants: | No
|
| Bookrunners: | Robert W. Baird & Co. Inc., William Blair & Co., LLC and RBC Capital Markets, LLC
|
| Lead managers: | Janney Montgomery Scott LLC and JMP Securities LLC
|
| Co-managers: | BB&T Capital Markets, Janney Montgomery Scott LLC, Oppenheimer & Co. Inc., Stephens Inc., Wunderlich Securities, Inc. and Ladenburg Thalmann & Co. Inc.
|
| Pricing date: | July 17
|
| Settlement date: | July 22
|
| Stock symbol: | Nasdaq: MRCC
|
| Stock price: | $14.05 at close July 16
|
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