Bain Capital Specialty Finance, Inc. Prices Public Offering of $300 Million of 2.950% Unsecured Notes Due 2026
BOSTON–(BUSINESS WIRE)–Bain Capital Specialty Finance, Inc. (NYSE: BCSF or the “Company”) today announced that it has priced an offering of $300.0 million aggregate principal amount of 2.950% senior unsecured notes due 2026 (the “Notes”). The Notes will mature on March 10, 2026 and may be redeemed in whole or in part at the Company’s option at any time at par plus a “make-whole” premium, provided that the Notes may be redeemed at par one month prior to their maturity.
The offering is expected to close on or about March 10, 2021, subject to satisfaction of customary closing conditions.
The Company intends to use the net proceeds of this offering to repay certain outstanding indebtedness under its financing…