other material
confidence high
sentiment neutral
materiality 0.50
Crescent Capital BDC issues 2.5M shares in public offering, netting $52.8M
Crescent Capital BDC, Inc.
- Issued 2.5M shares of common stock at $21.33 per share, net proceeds approx. $52.8M after expenses.
- Underwriters granted a 30-day option to purchase an additional 375,000 shares.
- Adviser Crescent Cap Advisors paid the supplemental payment and sales load, not the company.
- Offering made under Registration Statement on Form N-2; shares sold to underwriters on November 18, 2021.