Monroe Capital Corporation announced the closing of its initial public offering of 5 million shares of its common stock at a public offering price of $15.00 per share, raising approximately $75 million in gross proceeds.

Theodore L. Koenig, president and chief executive officer of the company, stated, "We are extremely pleased to announce the completion of our initial public offering. Our affiliate, Monroe Capital LLC, is a leading lender to lower middle-market companies and we are excited to bring that expertise to the management of the Company. We also look forward to creating long term value for our shareholders."

Robert W. Baird & Co. Incorporated, William Blair & Company, L.L.C. and Janney Montgomery Scott LLC served as joint book-running managers for the initial public offering. BB&T Capital Markets, a division of Scott & Stringfellow, LLC, and Stephens Inc. served as co-lead managers, and Ladenburg Thalmann & Co. Inc. and Wunderlich Securities, Inc. served as co-managers for the initial public offering.