Alcentra Capital announced the pricing of its initial public offering of 6,666,666 shares of common stock at a public offering price of $15.00 per share, raising $100 million in gross proceeds.

Alcentra has granted the underwriters an option to purchase up to an additional 1 million shares of its common stock. The company intends to use the net proceeds from this offering to repay in full the outstanding indebtedness under its senior secured term loan credit agreement, which the company incurred in connection with the purchase of its initial portfolio of debt and equity investments.

The remainder of the net proceeds from this offering will be used to make future investments in portfolio companies consistent with the Company’s investment guidelines and underwriting standards and for general corporate purposes. The Company’s common stock is expected to begin trading on The NASDAQ Global Select Market under the symbol “ABDC” on May 9, 2014.

Raymond James is serving as lead book-running manager. Baird and Keefe, Bruyette & Woods, a Stifel Company, are serving as joint book-running managers. Oppenheimer & Co., Stephens Inc., and BNY Mellon Capital Markets, LLC are serving as lead managers. The closing of the transaction is subject to customary closing conditions. The shares are expected to be delivered on May 14, 2014.