secwatch.observer — SEC 8-K summary
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Issuer:     GLADSTONE CAPITAL CORP (GLAD)
CIK:        0001143513
Form:       8-K
Filed at:   2023-08-17T23:59:59+00:00
Accession:  0001193125-23-215028
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gladstone Capital issues $57M of 7.75% Notes due 2028
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- $57M aggregate principal of 7.75% Notes maturing September 1, 2028.
- Interest payable quarterly starting December 1, 2023; redeemable at par from September 1, 2025.
- Notes are unsecured, rank pari passu with existing unsecured debt; structurally subordinated to subsidiary obligations.
- Net proceeds used to repay credit facility, fund new investments, and for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1143513/000119312523215028/0001193125-23-215028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1143513/000119312523215028/d536404d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-215028

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