5.75 million shares sold via Robert W. Baird, William Blair, Janney
By Devika Patel
Knoxville, Tenn., Oct. 2 - Monroe Capital Corp. said the underwriters for its initial public offering of stock elected to exercise the $11.25 million greenshoe in full for total proceeds of $86.25 million.
The company sold 5.75 million common shares at $15.00 per share. Of the shares, 750,000 were part of the fully exercised greenshoe.
The deal was conducted by joint bookrunning Robert W. Baird & Co. Inc., William Blair & Co., LLC and Janney Montgomery Scott.
The investment firm is based in Chicago.
Issuer: | Monroe Capital Corp.
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Issue: | Common stock
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Amount: | $86.25 million (including $11.25 million greenshoe)
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Shares: | 5.75 million
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Price: | $15.00
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Warrants: | No
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Bookrunners: | Robert W. Baird & Co. Inc., William Blair & Co., LLC and Janney Montgomery Scott
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Co-lead managers: | BB&T Capital Markets and Stephens Inc.
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Co-managers: | Ladenburg Thalmann & Co. Inc. and Wunderlich Securities, Inc.
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Settlement date: | Nov. 27
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Stock symbol: | Nasdaq: MRCC
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Stock price: | $15.05 at close Nov. 26
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