Gladstone Investment Corporation (Nasdaq: GAIN) has priced a registered direct offering of $60 million aggregate principal amount of 6.875% Notes due 2028. The Notes will mature on November 1, 2028, and may be redeemed in whole or in part at any time prior to August 1, 2028 at par plus a "make-whole" premium, and thereafter at par plus accrued and unpaid interest to the redemption date. Interest on the Notes will be paid at an annual rate of 6.875%, with payments due on May 1 and November 1 of each year, starting May 1, 2026. The Notes are not expected to be listed on any securities exchange or automated dealer quotation system. Proceeds from the offering will be used to repay a portion of the amount outstanding under Gladstone's revolving credit facility, to fund new investment opportunities, and for other general corporate purposes. The offering is being conducted under the company's shelf registration statement filed with the SEC (File No. 333-277452). The full prospectus supplement and accompanying prospectus have been filed with the SEC.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gladstone Investment Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-274307), on November 10, 2025, and is solely responsible for the information contained therein.
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