- American Capital Senior Floating (ACSF) expects to sell 10M shares at $15 each for estimated net proceeds of about $149M. The underwriters expect to reserve up to 299.9K shares of stock for sale to American Capital Asset Management - a portfolio company of American Capital (ACAS), and up to 200.1K shares for sale to certain employees of ACAS.
- Net proceeds will be used to pay of a credit facility from ACAM, repay ACAS for assistance with the offering, and to build the company's book of business.
- Press release
- SEC Form N-2
at Nasdaq.com (Jan 23, 2015)