Monroe Capital Corp. (Nasdaq: MRCC), a business development company, has closed its initial public offering of 5 million shares of common stock with a price tag of $15.00 per share.

The announcement comes on the heels of U.S. stock trading being canceled for two days as a means of protecting securities workers due to the devastation of Hurricane Sandy.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.