logo
Share SHARE
FONT-SIZE Plus   Neg

GSV Capital Prices Follow-on Offering Of 6 Mln Shares At $16.25/Shr -Quick Facts

GSV Capital Corp. (GSVC: Quote) said it has priced a follow-on offering of 6.0 million shares at $16.25 per share, resulting in gross proceeds of $97.5 million. The underwriters have been granted a 30-day option to buy up to an additional 900,000 common shares.

The company plans to use the net proceeds of this public offering to invest in portfolio companies in accordance with its investment objective and strategies, and for working capital and general corporate purposes. Citigroup Global Markets Inc. is acting as sole book-running manager for the offering.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Fiat Chrysler Automobiles NV (FCAU) said an employee was killed in an accident at its Jefferson North Assembly factory in Detroit Tuesday morning. According to reports, the 53-year-old worker, whose identity has not been disclosed, was crushed in a press shortly after 7 a.m. Tuesday while working... Wang Jianlin, chairman of Dalian Wanda Group is now Asia's richest man, with a fortune of $38.1 billion. Jianlin, who holds U.S. theater chain AMC Entertainment, has also been ranked 11th richest in the world. Diversified media and entertainment conglomerate Walt Disney Co. reported Tuesday a profit for the second quarter that grew 10 percent from last year, helped by strong performance at cable networks, parks and resorts as well as sales of Frozen merch. Both adjusted earnings per share and quarterly revenues topped analysts' expectations.
comments powered by Disqus
Follow RTT