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home / news releases / FDUS - Fidus Investment prices $125M notes offering


FDUS - Fidus Investment prices $125M notes offering

Fidus Investment (FDUS) prices public offering of $125M of 4.75% notes due Jan. 31, 2026.The company intends to use the net proceeds to redeem all of its outstanding 5.875% notes due 2023, repay the amount outstanding under its credit facility and redeem a portion of its outstanding 6% notes due 2024.As of Dec. 15, 2020, Fidus had $50M of outstanding indebtedness under its credit facility.Closing of the transaction is subject to customary closing conditions and the notes are expected to be delivered on or about Dec. 23, 2020.

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Fidus Investment prices $125M notes offering
Stock Information

Company Name: Fidus Investment Corporation
Stock Symbol: FDUS
Market: NASDAQ
Website: fdus.com

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