debt
confidence high
sentiment neutral
materiality 0.60
Stellus Capital Investment Corp (SCM): debt financing — Stellus Capital Investment Corp. issues $75M of 7.250% Notes due 2030
Stellus Capital Investment Corp
- $75 million aggregate principal of 7.250% Notes due 2030 issued via underwritten public offering.
- Raymond James & Associates acts as representative of the underwriters.
- Closing expected on April 1, 2025, subject to customary closing conditions.
- Offering made under effective shelf registration statement on Form N-2 (File No. 333-265695).
- Underwriting Agreement includes customary reps, warranties, and indemnification provisions.