trending Market Intelligence /marketintelligence/en/news-insights/trending/qF_vbRTT6ANGXTok7eTrjQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

FS Energy and Power Fund offering common shares

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

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

FS Energy and Power Fund offering common shares

FS Energy andPower Fund, through affiliate FS2 Capital Partners LLC, is offeringon a continuous basis up to 92.2 million of its common shares at $7.30 pershare.

FS Energy plans to use substantially all of the offering'sproceeds, net of expenses, to make investments primarily in private U.S. energycompanies. The company expects to use the remainder of the proceeds for workingcapital and general corporate purposes, including the payment of operatingexpenses, according to a prospectus.

Assuming the company sells the maximum number of sharesregistered in the offering, net proceeds are estimated to be about $595.7million.