Private Credit Manager Monroe Sells Majority Stake to Wendel [Financial Post (Toronto, Ontario, Canada)]
Monroe Capital Corporation - Closed End Fund (MRCC)
Last monroe capital corporation - closed end fund earnings: 3/3 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.monroebdc.com/investor-relations
Company Research
Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Wendel has agreed to acquire a majority stake in private lender Monroe Capital, which manages almost $20 billion, according to people familiar with the matter. The acquisition would extend Paris-based Wendel's reach in private credit at a time when the lending category is booming. The deal includes an additional commitment of up to $1 billion of capital to grow Monroe's business and seed new funds, the people said. The agreement could be announced as soon as Tuesday, said the people, who asked not to be identified because the information is private. Timing of the announcement and other details could still change, the people said. Representatives for Wendel and Monroe didn't immediately respond to requests for comment. Chicago-based Monroe provides private credit to borrowers in the US and Canada, according to its website. Theodore Koenig, who
Show less
Read more
Impact Snapshot
Event Time:
MRCC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MRCC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MRCC alerts
High impacting Monroe Capital Corporation - Closed End Fund news events
Weekly update
A roundup of the hottest topics
MRCC
News
- Monroe Capital Co. (NASDAQ: MRCC) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Monroe Capital Corp (MRCC) Q3 2024 Earnings Call Highlights: Strategic Partnerships and ... [Yahoo! Finance]Yahoo! Finance
- Monroe Capital (MRCC) Tops Q3 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Monroe Capital Corporation BDC Announces Third Quarter 2024 ResultsGlobeNewswire
- GrowthCap Announces The Top Private Debt Firms of 2024, The Best Capital Partners To CompaniesPR Web
MRCC
Earnings
- 11/12/24 - Beat
MRCC
Sec Filings
- 11/12/24 - Form 8-K
- 11/12/24 - Form 10-Q
- 10/22/24 - Form 8-K
- MRCC's page on the SEC website