Monroe Capital Corporation Prices Public Offering of $60 Million 5.75% Notes Due 2023
The Notes will mature on
The offering is subject to customary closing conditions and is expected to close on
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 preliminary prospectus supplement dated
The information in the preliminary prospectus supplement, the accompanying prospectus and this press release is not complete and may be changed. This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities in this offering or any other securities nor will there be any sale of these securities or any other securities referred to in this press release in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.
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