secwatch.observer — SEC 8-K summary
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Issuer:     Stellus Capital Investment Corp (SCM)
CIK:        0001551901
Form:       8-K
Filed at:   2025-04-02T23:59:59+00:00
Accession:  0001104659-25-031208
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stellus Capital issues $75M of 7.250% Notes due 2030; net proceeds to repay credit facility
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- Fourth Supplemental Indenture for $75M of 7.250% Notes due 2030 executed on April 1, 2025.
- Interest at 7.250% per year paid semi-annually; first payment on October 1, 2025.
- Notes are unsecured, rank pari passu with existing unsecured debt, structurally subordinated to subsidiary debt.
- Net proceeds to repay Credit Facility borrowings; may be re-borrowed for investments and working capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1551901/000110465925031208/0001104659-25-031208-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1551901/000110465925031208/tm2510985d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-031208

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