SuRo Capital Corp. Prices Public Offering of $70,000,000 6.00% Notes Due 2026

Dec 09, 2021

SAN FRANCISCO, Dec. 09, 2021 (GLOBE NEWSWIRE) -- SuRo Capital Corp. (“SuRo Capital” or the “Company”) (Nasdaq:SSSS) today announced that it has priced a registered public offering of $70,000,000 aggregate principal amount of its 6.00% Notes due 2026 (the “Notes”), which will result in net proceeds to the Company of approximately $67,462,500 (or approximately $77,634,375 if the underwriters fully exercise the overallotment option described below) based on a public offering price of 100% of the aggregate principal amount of the Notes, after deducting payment of underwriting discounts and commissions and estimated offering expenses payable by the Company.

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