Harvest Capital Credit Corporation Announces Closing of 3.4M Share IPO at $15/Share

Harvest Capital Credit Corporation (the “Company”)

, announced Tuesday the closing of its initial public offering of 3,400,000 shares of its common stock at a price of $15.00 per share, raising $51 million in gross proceeds. The underwriters of the offering have been granted a 30-day option to purchase up to an additional 433,333 shares of common stock from the company. The company's shares began trading on the NASDAQ Capital Market under the symbol “HCAP” on May 3, 2013. Keefe, Bruyette & Woods, a Stifel Company; JMP Securities and William Blair served as joint book-running managers. Janney Montgomery Scott and Sterne Agee served as co-lead managers, and Wunderlich Securities and Sandler O'Neill + Partners, L.P. served as co-managers.