Catalyst-owned Callidus Capital files for $600 mln shares offering
Specialty lender Callidus Capital Corp (TSX: CBL), a portfolio company of Canadian private equity firm Catalyst Capital Group, has filed a prospectus with securities regulatory authorities across Canada to make offerings of its common shares. Filings by the Toronto-based company, which went public in April, will allow it and/or certain selling shareholders to make offerings up to an aggregate initial offering price of $600 million during a 25-month period. Unless otherwise specified, the net proceeds from share sales will be used for general working capital purposes and to finance additional loans in the Callidus loan portfolio.
5 August 2014•3 mins read
