Main Street Capital Prices Public Offering of 3.75M Shares at $22.50
Main Street Capital Corporation (NYSE: MAIN) announced today that it has priced a public offering of 3,750,000 shares of its common stock in an underwritten public offering. Pricing was set at $22.50 per share, and net proceeds from the offering, after deducting underwriting discounts and estimated expenses payable by Main Street, are expected to be approximately $80.8 million. Main Street has also granted the underwriters an option, exercisable for 30 days, to purchase up to 562,500 additional shares of common stock to cover over-allotments, if any.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.