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Prospect News home > News index > List of issuers S > Headlines for Stellus Capital Investment Corp. > News item
Published on 8/16/2017 in the Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Stellus to redeem $25 million 6.5% notes due 2019 via issue due 2022

By Susanna Moon

Chicago, Aug. 16 – Stellus Capital Investment Corp. plans to redeem $25 million of 6.5% $25-par notes due 2019 plus accrued interest with proceeds of a new issue.

Stellus plans a $30 million public offering of notes due 2022 with a 30-day over-allotment option for another $4.5 million, according to a company announcement.

The issuer is an investment company based in Houston.


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