BOSTON–(BUSINESS WIRE)–Bain Capital Strong point Finance, Inc. (“BCSF”), a industry construction
corporate controlled through an associate of Bain Capital, LP, these days introduced
that it plans to make an preliminary public providing of seven,500,000 stocks of
its not unusual inventory. BCSF has been authorized to checklist its not unusual inventory at the
New York Inventory Alternate underneath the logo “BCSF.” The underwriters are
anticipated to have an choice to buy as much as an extra 1,125,000
stocks of BCSF’s not unusual inventory. The finishing touch of the proposed providing
will depend on a number of elements, together with marketplace and different stipulations.
BCSF expects to make use of considerably the entire proceeds from this
providing, web of bills, to pay off a portion of its exceptional
indebtedness. BCSF intends to make use of any ultimate proceeds to make
investments based on its funding goals and techniques
and for common company functions.
BofA Merrill Lynch, Goldman Sachs & Co. LLC, Morgan Stanley, Citigroup,
Credit score Suisse, Keefe, Bruyette & Woods, a Stifel Corporate, and Wells
Fargo Securities are appearing as joint book-running managers for the
providing and Janney Bernard Law Montgomery Scott, JMP Securities and Academy
Securities are appearing as co-managers for the providing.
A registration observation in the case of those securities has been filed
with the U.S. Securities and Alternate Fee (the “SEC”) however has no longer
but turn out to be efficient. Those securities might not be offered nor would possibly provides to
purchase be authorized previous to the time that the registration observation
turns into efficient. No be offering to shop for the securities can also be authorized and no
a part of the acquisition value can also be gained till the registration
observation has turn out to be efficient, and this sort of be offering is also withdrawn or
revoked through you with out legal responsibility or dedication of any sort, at any time
previous to the time you obtain realize of an acceptance of the be offering given
after the efficient date.
Traders are instructed to rigorously imagine the funding
goals, dangers and fees and bills of BCSF sooner than making an investment. The
initial prospectus, dated November 7, 2018, incorporates this and different
details about BCSF and will have to be learn sparsely sooner than making an investment.
The guidelines within the registration observation, initial prospectus
and herein isn’t whole and is also modified.
This press unlock won’t represent an be offering to promote or the
solicitation of an be offering to shop for the securities described above nor shall
there be any sale of those securities in any state or jurisdiction in
which such be offering, solicitation or sale can be illegal previous to their
registration or qualification underneath the securities regulations of this sort of
state or jurisdiction. Provides of those securities are made best through approach
of the prospectus. The SEC has no longer authorized or disapproved those
securities or handed upon the adequacy of the initial prospectus.
Any illustration on the contrary is a crime.
The providing of those securities might be made best by way of a
initial prospectus forming a part of the registration observation,
copies of that may be received, when to be had, from: BofA Merrill
Lynch, NC1-004-03-43 200 North Faculty Boulevard, third ground, Charlotte, NC
28255-0001, Attn: Prospectus Division, or email [email protected];
Goldman Sachs & Co. LLC, 200 West Boulevard, New York, NY 10282, Attn:
Prospectus Division, or electronic mail [email protected] apple.electronic mail.gs.com;
Morgan Stanley, 180 Varick Boulevard, 2d Flooring, New York, NY 10014, Attn:
Prospectus Division, or electronic mail [email protected];
or Citigroup, c/o Broadridge Monetary Answers, 1155 Lengthy Island
Road, Edgewood, NY 11717, (800) 831-9146.
About Bain Capital Strong point Finance, Inc.
BCSF is an externally controlled forte finance corporate desirous about
lending to middle-market corporations. BCSF is controlled through BCSF Advisors,
L.P., an SEC-registered funding adviser and a subsidiary of Bain
Capital Credit score L.P. Since starting off funding operations on October
13, 2016, and thru September 30, 2018, BCSF has invested
roughly $1,727.nine million in mixture essential quantity of debt and
fairness investments previous to any next exits or repayments. BCSF’s
funding purpose is to generate present source of revenue and, to a lesser
extent, capital appreciation thru direct originations of secured
debt, together with first lien, first lien/closing out, unitranche and 2d
lien debt, investments in strategic joint ventures, fairness investments
and, to a lesser extent, company bonds. BCSF has elected to be
regulated as a industry construction corporate underneath the Funding Corporate
Act of 1940, as amended.
Ahead-Having a look Statements
Sure data contained herein would possibly represent “forward-looking
statements,” which can also be known by way of forward-looking
terminology corresponding to “would possibly,” “will,” “will have to,” “search,” “be expecting,”
“look forward to,” “venture,” “estimate,” “intend,” “proceed,” “goal,” or
“consider” or the negatives thereof or different permutations thereon or
related terminology. Because of more than a few dangers and uncertainties, precise
occasions would possibly fluctuate materially from the ones mirrored or pondered in
such forward-looking statements. Those statements don’t seem to be promises of
long term occasions and are topic to dangers, uncertainties, and different
elements, a few of which might be past BCSF’s regulate and are tough to
are expecting, that might reason precise effects to fluctuate materially from the ones
expressed or forecasted within the forward-looking statements together with,
with out limitation, the hazards, uncertainties and different elements
known in BCSF’s filings with the SEC. Traders will have to no longer position
undue reliance on those forward-looking statements, which follow best as
of the date on which BCSF makes them. BCSF does no longer adopt any
legal responsibility to replace or revise any forward-looking statements or any
different data contained herein, excluding as required through acceptable legislation.