Crescent Capital BDC (CCAP) Prices 2.5M Share Offering at $21.33/sh

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Go back to Crescent Capital BDC (CCAP) Prices 2.5M Share Offering at $21.33/sh

Crescent Capital BDC, Inc. Announces Pricing of Public Offering of Common Stock

November 16, 2021 7:01 AM EST

LOS ANGELES, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (Crescent BDC or the Company) (NASDAQ: CCAP) today announced that it has priced an underwritten primary offering of 2,500,000 shares of its common stock, which will result in net proceeds exclusive of offering expenses to the Company of approximately $53.3 million, or $21.33 per share. Crescent BDC has granted the underwriters an option to purchase up to an additional 375,000 shares of common stock. The offering was made pursuant to the Companys shelf-registration statement, which was filed with and declared effective by the Securities and Exchange Commission (the... More