Fidus Investment to price $25-par notes due 2024

By James McCandless

San Antonio, Feb. 5 – Fidus Investment Corp. plans to price $25-par unsecured notes due 2024, according to filings with the Securities and Exchange Commission.

Keefe, Bruyette & Woods, Inc. is the bookrunner.

BB&T Capital Markets, Janney Montgomery Scott LLC and Ladenburg Thalmann & Co. Inc. are the co-lead managers.

The notes are callable after three years.

Fidus plans to use the proceeds to repay outstanding debt under its credit facility.

The company plans to list the notes on the Nasdaq Global Select Market under the symbol “FDUSZ.”

Fidus is an Evanston, Ill.-based lower middle market investment company.

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