Monroe Capital Corporation Announces Closing of Public Offering of $69 Million 5.75% Notes Due 2023
The Notes will mature on
The Company has submitted an application for the Notes to be listed and trade on The Nasdaq Global Select Market under the trading symbol “MRCCL.” If approved for listing, the Company expects the Notes to begin trading within 30 days from the original issue date.
The Company has received a private rating of “A-” from
The Company intends to use the net proceeds of the offering to invest in portfolio companies in accordance with its investment objectives and for other general corporate purposes, including payments of operating expenses. The Company also intends to use a portion of the net proceeds from the offering to repay outstanding indebtedness under its revolving credit facility. As of
Investors are advised to carefully consider the investment objective, risks, charges and expenses of the Company before investing. The prospectus supplement dated
A shelf registration statement relating to these securities is on file with and has been declared effective by the
Monroe has been recognized by Creditflux as the 2018
This press release may contain certain forward-looking statements. Any such statements, other than statements of historical fact, are likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not under the Company’s control, and that the Company may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual developments and results are highly likely to vary materially from these estimates and projections of the future. Such statements speak only as of the time when made, and the Company undertakes no obligation to update any such statement now or in the future.
SOURCE: Monroe Capital Corporation
|Investor Contact:||Aaron D. Peck|
|Chief Investment Officer and Chief Financial Officer|
|Monroe Capital Corporation|
|Media Contact:||Emily Stoermer|
Source: Monroe Capital Corporation