Charlotte-based Capitala Finance Corp. announced Thursday that it has priced $100 million worth of notes that will be used to continue its investments in privately held small and middle-market businesses.
The notes are set to be listed on the New York Stock Exchange and will pay a 7.125 percent quarterly interest rate.
The announcement comes less than a year after the company completed an $80 million initial public offering. Capitala operates out of offices in the SouthPark area.
Thursday, June 12, 2014
Capitala issues bonds to invest in small businesses
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