Market Overview

Monroe Capital Corporation Closed on Over-Allotment Option by Underwriters Relating to IPO

Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced
today that it has closed on the underwriters' over-allotment option in
connection with its previously announced initial public offering. The
underwriters have exercised in full their option to purchase an
additional 750,000 shares of Monroe Capital Corporation common stock at
the initial public offering price of $15.00 per share, less underwriting
discounts and commissions. With this exercise, Monroe Capital
Corporation sold in its initial public offering a total of 5,750,000
shares of common stock for total gross proceeds of approximately $86.3
million.

Robert W. Baird & Co. Incorporated, William Blair & Company, L.L.C. and
Janney Montgomery Scott LLC served as joint book-running managers for

See full press release

Posted-In: News Guidance Contracts Management Global

 

Related Articles (MRCC)

Around the Web, We're Loving...

Get Benzinga's Newsletters