New Fidus Investment Baby Bond Now Trading

The new 6% baby bond sold by Fidus Investment (NASDAQ:FDUS) has begun trading under the ticker FDUSZ. The issue has a maturity date in 2024.  Of course the issue is unrated (as is true of most BDC baby bond issues).

Shares started trading in the $24.75 area, but have raced up to the $25.06 area as of today (Tuesday).

Details of the issue can be seen here.

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