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Published on 5/26/2016 in the Prospect News PIPE Daily.

Fidus Investment to price public sale of 2.5 million common shares

Proceeds used for investments, working capital and corporate purposes

By Devika Patel

Knoxville, Tenn., May 26 – Fidus Investment Corp. said it plans to price a public offering of stock with a 30-day greenshoe.

The company will sell 2.5 million common shares with another 375,000 shares allotted for the greenshoe.

Raymond James, Robert W. Baird & Co. Inc. and Keefe, Bruyette & Woods are the bookrunning managers, and BB&T Capital Markets and Oppenheimer & Co. Inc. are the co-lead managers.

Proceeds will be used make investments in lower middle-market companies, to repay debt and for working capital and general corporate purposes.

Fidus is an Evanston, Ill.-based small business investment company and financing provider.


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