Gladstone Capital (GLAD) Prices Notes Offering

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Go back to Gladstone Capital (GLAD) Prices Notes Offering

Gladstone Capital Corporation Prices Public Offering of 7.75% Notes due 2028

August 10, 2023 5:02 PM EDT

MC LEAN, VA / ACCESSWIRE / August 10, 2023 / Gladstone Capital Corporation (Nasdaq: GLAD) (the "Company") today announced that it priced a public offering of $50.0 million aggregate principal amount of 7.75% Notes due 2028 (the "Notes") on August 10, 2023. The Notes will mature on September 1, 2028 and may be redeemed in whole or in part at any time or from time to time at the Company's option on or after September 1, 2025. The Notes will bear interest at a rate of 7.75% per year payable quarterly on March 1, June 1, September 1 and December 1 of each year, beginning December 1, 2023. The... More