Capitala prices $64.12 million public stock sale at $18.32 per share

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

By Devika Patel

Knoxville, Tenn., April 8 – Capitala Finance Corp. said it priced a $64.12 million public offering of stock with a $9.62 million greenshoe. The deal was announced Tuesday.

The company will sell 3.5 million common shares at $18.32 per share. The price per share is a 3.02% discount to the April 7 closing share price of $18.89.

UBS Securities LLC, Jefferies LLC, Keefe, Bruyette & Woods, Inc., and BB&T Capital Markets are the bookrunning managers.

Settlement is expected April 13.

Proceeds will be used to repay debt, for operating expenses and fees, investments in portfolio companies and general working capital purposes.

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

Issuer:	Capitala Finance Corp.
Issue:	Common stock
Amount:	$64.12 million
Greenshoe:	$9,618,000
Shares:	3.5 million
Price:	$18.32
Warrants:	No
Bookrunners:	UBS Securities LLC, Jefferies LLC, Keefe, Bruyette & Woods, Inc., and BB&T Capital Markets
Co-managers:	JMP Securities LLC, Oppenheimer & Co. Inc., Wunderlich Securities, Inc., Stephens Inc., Ladenburg Thalmann & Co. Inc. and Sandler O'Neill & Partners, LP
Announcement date:	April 7
Pricing date:	April 8
Settlement date:	April 13
Stock symbol:	Nasdaq: CPTA
Stock price:	$18.89 at close April 7
Market capitalization:	$231.2 million

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