trending Market Intelligence /marketintelligence/en/news-insights/trending/hHXv-eveBvoUTm0xejd6aw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

FS Investment Corp. III files for best-efforts common stock 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

FS Investment Corp. III files for best-efforts common stock offering

FS Investment Corp. III filed a registration statement for an offering of an undisclosed amount of common shares on a continuous basis.

The company is offering common shares only to investors who purchase through the institutional channel or to certain affiliated investors who purchase through the dealer-manager FS Investment Solutions LLC. The shares are now being offered at the institutional offering price of $8.55 per share, however, the price can be increased or decreased based on the company's net asset value per share.

The proposed maximum aggregate offering price is $1.07 billion, estimated solely for the purpose of determining the registration fees.

The company plans to use the net proceeds from the offering to primarily invest in private U.S. companies. The remainder of the proceeds will be used for working capital and general corporate purposes.