Raymond James & Associates and Robert W. Baird are joint bookrunners
By Devika Patel
Knoxville, Tenn., Sept. 30 – Fidus Investment Corp. said it priced a $34 million public sale of stock with a $5.1 million greenshoe.
The company will sell 2 million common shares at $17.00 per share. The price per share is a 2.07% discount to the $17.36 closing share price on Sept. 29.
Raymond James & Associates, Inc. and Robert W. Baird & Co. Inc. are the joint bookrunning managers.
Settlement is expected Oct. 3.
Proceeds will be invested in lower middle market companies and also used for working capital and general corporate purposes.
Fidus is an Evanston, Ill.-based small business investment company and financing provider.
| Issuer: | Fidus Investment Corp.
|
| Issue: | Common stock
|
| Amount: | $34 million
|
| Greenshoe: | $5.1 million
|
| Shares: | 2 million
|
| Price: | $17.00
|
| Warrants: | No
|
| Bookrunners: | Raymond James & Associates, Inc. and Robert W. Baird & Co. Inc.
|
| Co-lead managers: | BB&T Capital Markets and Oppenheimer & Co. Inc.
|
| Pricing date: | Sept. 30
|
| Settlement date: | Oct. 3
|
| Stock symbol: | Nasdaq: FDUS
|
| Stock price: | $17.36 at close Sept. 29
|
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