BB&T Capital Markets Serves as a Co-Lead Manager on Fidus Investment Corporation’s Unsecured Notes Offering
On February 5, 2019, BB&T Capital Markets served as a co-lead manager for Fidus Investment Corporation’s issuance of $60 million unsecured notes due 2024 (NASDAQ: FDUSZ).
The Company intends to use the net proceeds from this transaction to repay indebtedness under its credit facility, and may re-borrow to fund additional investments according to its investment strategies and objectives.
About the Companies
Fidus Investment Corporation (NASDAQ: FDUS) invests in debt and equity securities issued primarily by lower middle market companies based in the United States, with revenues between $10-$150 million. Fidus Investment Corporation is headquartered in Evanston, IL, and has offices in New York, NY, and Charlotte, NC.
BB&T Capital Markets Financial Services Group has extensive experience providing community banks and thrifts, business development companies, and other specialty finance companies with a full range of public and private capital raising solutions, M&A advisory, fairness opinions and other strategic advisory services.
About BB&T Capital Markets
BB&T Capital Markets offers an integrated platform of equity and debt underwriting, M&A advisory, corporate banking, and sales and trading. Headquartered in Richmond, VA, with offices throughout the US, we have specific expertise within 10 distinct industry verticals including Automotive Aftermarket; Commercial & Industrial; Education; Energy; Financial Services; Food & Agribusiness; Healthcare; Logistics & Transportation Services; Real Estate; and Retail & Consumer. Our commitment to industry expertise, combined with our resources as one of the nation's strongest financial institutions, strategically positions BB&T Capital Markets to build lasting relationships and contribute measurably to the long-term success of our clients.