Capitala Finance to sell 3.5 million common shares in public offering

UBS, Jefferies, Keefe, Bruyette and BB&T Capital Markets are assisting

By Devika Patel

Knoxville, Tenn., April 7 – Capitala Finance Corp. said it will sell 3.5 million common shares in its public offering with a greenshoe of 525,000 additional shares.

UBS Securities LLC, Jefferies LLC, Keefe, Bruyette & Woods, Inc., and BB&T Capital Markets are the bookrunners. Oppenheimer & Co. Inc., Wunderlich Securities, Inc., JMP Securities LLC, Stephens Inc., Ladenburg Thalmann & Co. Inc. and Sandler O'Neill & Partners, LP are the co-managers.

Proceeds will be used for investments in portfolio companies and general working capital purposes.

Capitala is a Charlotte, N.C.-based investment company.

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