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

Monroe Capital Corporation (the “Company”)

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