Private Credit Manager Monroe Sells Majority Stake to Wendel [Yahoo! Finance Canada]
Monroe Capital Corporation - Closed End Fund (MRCC)
Last monroe capital corporation - closed end fund earnings: 3/3 04:01 pm
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US:NASDAQ Investor Relations:
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Source: Yahoo! Finance Canada
Monroe Capital, which manages almost $20 billion, according to a person familiar with the matter. Most Read from Bloomberg The acquisition would extend Paris-based Wendel's reach in private credit at a time when the lending category is booming. The agreement could be announced as soon as Tuesday, said the person, who asked not to be identified because the information is private. Timing of the announcement and other details could still change, the person said. Representatives for Wendel and Monroe didn't immediately respond to requests for comment. Founded in 2004, Chicago-based Monroe provides private credit to borrowers in the US and Canada, according to its website. Most Read from Bloomberg Businessweek ©2024 Bloomberg L.P. Recommended Stories
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MRCC
News
- Monroe Capital Co. (NASDAQ: MRCC) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
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- Monroe Capital Co. (NASDAQ: MRCC) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Monroe Capital Co. (NASDAQ: MRCC) was downgraded by analysts at B. Riley from a "neutral" rating to a "sell" rating. They now have a $7.25 price target on the stock.MarketBeat
MRCC
Earnings
- 11/12/24 - Beat
MRCC
Sec Filings
- 12/12/24 - Form PRE
- 12/10/24 - Form 8-K
- 12/6/24 - Form 8-K
- MRCC's page on the SEC website