Monday, May 12, 2014

Ah, A Perk Of Being Listed

Franklin Square Investment Corp (FSIC) the recently listed business development company, filed a $1 billion shelf registration today, which allows the company to raise capital "through the sale of various securities including common stock, preferred stock, warrants, debt securities or subscription rights in one or more future offerings."  FSIC has more financial flexibility now that it's listed, and appears ready to take advantage of it.

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