trending Market Intelligence /marketintelligence/en/news-insights/trending/5eAtP-h_K3N72GKC3LTk2Q2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

KCAP Financial announces debt offering

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery


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.