Lafayette Square issues $65M of 7.00% Senior Notes due 2030

Lafayette Square USA, Inc.

$65M aggregate principal, 7.00% fixed rate, semiannual interest, maturing August 19, 2030.
Issue price 99.46119% of par; net proceeds for general corporate purposes.
Notes are senior unsecured, guaranteed by subsidiary LS BDC Holdings LLC.
Interest rate steps up to 2% above stated rate if below-investment-grade rating and secured debt ratio exceed thresholds.
Covenants include minimum net worth, asset coverage ratio, and BDC status maintenance.

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