SuRo Capital to price $25-par notes due 2026 via three underwriters

By Marisa Wong

Los Angeles, Dec. 9 – SuRo Capital Corp. announced it has begun an underwritten offering of notes, subject to market and other conditions, according to a press release.

The $25-par notes will mature in 2026, according to a 424B2 filing with the Securities and Exchange Commission.

The offering will include a 30-day greenshoe.

Ladenburg Thalmann & Co. Inc., InspereX LLC and Barrington Research Associates, Inc. are the underwriters.

The company has applied for the notes to be listed on the Nasdaq Global Market under the symbol “SSSSL.”

The company said it intends to use proceeds to make investments in portfolio companies and for general corporate purposes.

SuRo seeks to invest in high-growth venture-backed private companies. The investment fund is based in San Francisco.

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