Stellus Capital Investment (SCM) Announces Public Offering of Common Stock
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Stellus Capital Investment Corporation (NYSE: SCM) (the "Company") announced today that it plans to make a public offering of its common stock.
The Company intends to use the net proceeds from this offering to repay a portion of the amount outstanding under its credit facility and make investments in portfolio companies in accordance with its investment objective and strategies.
Keefe, Bruyette & Woods, Inc., A Stifel Company; Wells Fargo Securities; Oppenheimer & Co. Inc.; and Goldman Sachs & Co. LLC are acting as joint book-running managers for this offering.
The shares will be sold pursuant to an effective shelf registration statement on Form N-2 that has been filed with, and has been declared effective by, the Securities and Exchange Commission. The offering is subject to customary closing conditions.
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