Monroe Capital Income Plus Raises $11.5M in Shares, Declares Cash Distribution
The Chicago-based non-traded BDC priced its latest issuance at its April 30 net asset value, signaling continued alignment between subscription pricing and portfolio valuation.
May 25, 2026
Monroe Capital Income Plus Corporation, a non-traded business development company within the Monroe Capital private credit platform, has raised approximately $11.5 million through an unregistered sale of common stock and declared a cash distribution to stockholders, according to a recent disclosure to the Securities and Exchange Commission.
Details of the Share Issuance
The company issued 1,174,995 shares of common stock on May 1, 2026, at a price of $9.77 per share, generating aggregate proceeds of approximately $11.48 million. The final share count was determined on May 21, 2026.
The shares were sold pursuant to subscription agreements with individual investors and were issued under exemptions from registration provided by Section 4(a)(2) of the Securities Act and either Regulation D or Regulation S, depending on the investor’s status.
Distribution and Net Asset Value
Separately, the company’s board of directors declared a cash distribution of $0.071 per share, payable on or about May 27, 2026, to stockholders of record as of the close of business on May 21, 2026.
The company also reported that its net asset value per share, calculated in accordance with its valuation policy, stood at $9.77 as of April 30, 2026 — equal to the per-share price at which the new common stock was issued. That alignment between offering price and the most recently determined NAV is a hallmark of how non-traded BDCs typically conduct continuous subscription offerings.
About the Company
Monroe Capital Income Plus is organized as a Maryland corporation and is part of the broader Monroe Capital LLC asset management platform, a Chicago-headquartered private credit specialist that focuses on direct lending to lower middle-market and middle-market businesses. Because the company’s shares are not listed on a public exchange, investors typically access the vehicle through subscription-based offerings and rely on periodically published NAVs and ongoing cash distributions for income and valuation reference points.
