First Eagle Alternative Capital BDC Completes $60 Million Notes Offering
05.25.21
This is only gets display when printing
Simpson Thacher represented First Eagle Alternative Capital BDC, Inc. (Nasdaq: FCRD) (the “Company”) in its offering of $60 million aggregate principal amount of its 5% Notes due 2026 (the “Notes”). The Company also granted the underwriters a 30-day option to purchase up to an additional $9 million in aggregate principal amount of Notes to cover overallotments, if any. The Company expects to list the Notes on the New York Stock Exchange under the trading symbol “FCRX” within 30 days of issuance.
The Simpson Thacher team included David Blass, Steven Grigoriou and Hadley Dryland (Registered Funds); Jonathan Goldstein (Tax); and Jeanne Annarumma (Executive Compensation and Employee Benefits).