Barings BDC and MVC Capital entered into a definitive merger agreement. The combined company, which will remain externally managed by Barings, is expected to have more than $1.2 billion of investments on a pro forma basis.
ACRES Capital acquired Exantas Capital’s management agreement from an affiliate of C-III Capital Partners. Exantas Capital also entered into definitive agreements with MassMutual and Oaktree for new capital commitments aggregating up to $375 million.
Amedica announced the pricing of its initial public offering of 3,500,000 shares of common stock at a public offering price of $5.75 per share. JMP Securities is acting as the sole bookrunning manager for the offering.