Baird served as lead bookrunner on this offering.
AboutMonroe Capital Corporation (“Monroe Capital” or the “Company”) (NASDAQ: MRCC) recently completed a follow-on offering of 2,817,500 shares of common stock at a price of $14.85 per share, generating gross proceeds of approximately $41.8 million. The Company intends to use the net proceeds from the offering to repay indebtedness, to invest in portfolio companies in accordance with its investment objectives and for general corporate purposes.
Monroe Capital Corporation is a specialty finance company focused on providing financing to lower middle-market companies in the United States and Canada. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through investment in senior, unitranche and junior secured debt and, to a lesser extent, unsecured subordinated debt and equity investments. The Company's investment activities are managed by its investment adviser, Monroe Capital BDC Advisors, LLC, which is an investment adviser registered under the Investment Advisers Act of 1940, as amended, and an affiliate of Monroe Capital LLC. The Company is headquartered in Chicago, Illinois.
For additional information about this transaction, please contact:
- April 2015
- Monroe Capital Corporation
- Technology & Services
- Target Location
- North America
BGRS, a subsidiary of Relo, combination with SIRVA, a portfolio company of MDP
BHI, a portfolio company of AEI, acquisition by Westinghouse, a portfolio company of Brookfield