PhenixFIN Corporation (PFX)

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Medley Capital Corporation Announces the Closing of its Offering of 4 Million Shares of its Common Stock

Press Release: Medley Capital Corporation – Fri, Apr 12, 2013 4:08 PM EDT.. .

http://finance.yahoo.com/news/medley-capital-corporation-announces-closing-200802938.html

NEW YORK, NY (April 12, 2013) - Medley Capital Corporation (the "Company") (MCC) announced the closing of its registered public offering of 4,000,000 shares of its common stock, and the closing of an additional 492,271 shares pursuant to the underwriters` option to purchase additional shares, at a public offering price of $14.70 per share. The Company raised approximately $63.2 million in net proceeds after deducting underwriting discounts and commissions and estimated offering expenses. The Company intends to use the net proceeds from the offering to fund new investment opportunities, to repay the outstanding indebtedness under its credit facility, and for general corporate purposes.