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Fidus Investment intends to sell five-year fixed-rate notes
By Devika Patel
Knoxville, Tenn., Dec. 16 – Fidus Investment Corp. will price fixed-rate notes due Jan. 31, 2026, according to a 424B2 filed with the Securities and Exchange Commission.
The notes have a make-whole call at Treasuries plus 50 basis points until Oct. 31, 2025 and then a par call.
Raymond James & Associates is the bookrunner.
Proceeds will be used to redeem all of the company’s $50 million of 5.875% notes due 2023 and to repay a portion of the debt under its credit facility.
Fidus is an Evanston, Ill.-based lower middle market investment company.
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