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Medley Management prices IPO below expected range

Sep. 24, 2014 6:59 AM ETMedley Management Inc. (MDLM) StockBy: Stephen Alpher, SA News Editor
  • BDC manager Medley Management (NYSE:MDLY) prices its 6M share IPO at $18 each vs. the expected offering range of $20-$22. The expected annual dividend of $0.80 per share makes for a 4.4% annualized yield.
  • Press release
  • Related: IPO Preview: Medley Management

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