trending Market Intelligence /marketintelligence/en/news-insights/trending/5eAtP-h_K3N72GKC3LTk2Q2 content esgSubNav
In This List

KCAP Financial announces debt offering

Blog

Top 100 Banks: Capital Ratios Show Resilience to the Pandemic

Blog

Banking Essentials Newsletter: October Edition

Blog

Insight Weekly Labor market recovery hurdles power market integration nonbank MA hunt

Blog

Banking Essentials Newsletter: September Edition, Part - 2


KCAP Financial announces debt offering

KCAP Financial Inc. has announced an underwritten public offering of notes due 2022, subject to market and other conditions.

The company plans to list the notes on the NASDAQ Global Select Market and expects trading to commence within 30 days of the original issue date.

The net proceeds of the offering are expected to be used for general corporate purposes, which includes investing in portfolio companies and collateralized loan obligation funds.

Keefe Bruyette & Woods, Janney Montgomery Scott LLC and Ladenburg Thalmann & Co. Inc. are acting as joint book-running managers for the offering. BB&T Capital Markets and Wunderlich Securities Inc. are acting as co-managers.