Gladstone Capital prices $50M offering of 7.75% Notes due 2028

GLADSTONE CAPITAL CORP

$50M aggregate principal of 7.75% Notes due 2028 offered.
Underwriters granted 30-day option for up to $7.5M additional notes.
Closing expected August 17, 2023; Piper Sandler leads underwriters.
Issued under existing shelf registration statement (Form N-2).

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

GLADSTONE CAPITAL CORP entered into Underwriting Agreement with Piper Sandler & Co., as representative of the several underwriters valued at $ 50.0 million aggregate principal amount (effective 2023-08-10).

Action: entry
Agreement: underwriting
Counterparty: Piper Sandler & Co., as representative of the several underwriters
Value: $ 50.0 million aggregate principal amount
Effective: 2023-08-10

Exact text from the filing

On August 10, 2023, Gladstone Capital Corporation (the "Company") entered into an underwriting agreement (the "Underwriting Agreement") by and among the Company, Gladstone Management Corporation, Gladstone Administration, LLC and Piper Sandler & Co., as representative of the several underwriters named therein, in connection with the issuance and sale of $ 50.0 million aggregate principal amount of the Company’s 7.75 % Notes due 2028 (the "Offering").

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GLADSTONE CAPITAL CORP filing history →

Source: SEC EDGAR

accession 0001193125-23-210802

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