Bain Capital Specialty Finance Inc. filed a registration statement for a planned initial public offering of its common stock, with a proposed maximum aggregate offering price of $100 million, including the underwriters' option to purchase additional shares, estimated solely to calculate the registration fee.

The business development company has applied for the listing of its common stock on the New York Stock Exchange under ticker symbol BCSF, according to the Form N-2.

Bain Capital expects to use the net proceeds from the offering mainly to repay a portion of its outstanding indebtedness, as well as to make investments in line with its investment goals and for general corporate purposes.

Merrill Lynch Pierce Fenner & Smith Inc., Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Keefe Bruyette & Woods Inc., and Wells Fargo Securities LLC are acting as joint book-running managers for the offering, with Janney Montgomery Scott LLC, JMP Securities LLC, and Academy Securities Inc. as co-managers.