Bain uses rights offerings as unusual route to raise cash for BDC

By Michelle D'souza

Wednesday, April 01, 2020

Bain Speciality Finance is looking to raise additional capital through a rights offering to “further strengthen its balance sheet” and “provide additional flexibility to support existing portfolio companies over the coming months”, chief executive officer Michael Ewald said in an open letter to shareholders on Monday

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TAGS: Direct lending Fundraising Bain North America

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