---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-267202"
form_type: "8-K"
ticker: "GAIN"
cik: "0001321741"
company_name: "GLADSTONE INVESTMENT CORPORATION\\DE"
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T04:19:04.353298+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Gladstone Investment amends credit facility: size reduced to $135M, revolving period extended to Oct 2026

## Summary
- Credit facility reduced from $180.0M to $135.0M; revolving period extended to October 30, 2026, with final maturity two years later.
- Advances bear interest at Term SOFR + 3.15% p.a. during revolving period, stepping up to 3.40% and then 3.65% after.
- Unused commitment fee tiers: 0.50% if usage ≤50%, 0.75% if >50% to ≤65%, 1.00% if >65%.
- Lenders Customers Bank and Hancock Whitney Bank exited the facility as of the Effective Date.
- Borrowing base and standard covenants amended; KeyBank remains administrative agent.

## SEC filing metadata
- accession: 0001193125-23-267202
- form_type: 8-K
- ticker: GAIN
- cik: 0001321741
- company_name: GLADSTONE INVESTMENT CORPORATION\DE
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1321741/000119312523267202/0001193125-23-267202-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1321741/000119312523267202/d455400d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-267202
- JSON: https://secwatch.observer/filing/0001193125-23-267202.json
- Plain text: https://secwatch.observer/filing/0001193125-23-267202.txt

## Key facts
- Material Agreements
  GLADSTONE INVESTMENT CORPORATION\DE amended Amendment No. 8 with KeyBank National Association (effective 2023-10-30).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: KeyBank National Association
  - Effective: 2023-10-30
  source text: On October 30, 2023, Gladstone Investment Corporation (the “Company”), through its wholly-owned subsidiary Gladstone Business Investment, LLC, entered into Amendment No. 8 (the “Amendment”) to its Fifth Amended and Restated Credit Agreement with KeyBank National Association (“KeyBank”), as administrative agent, lead arranger and lender, Gladstone Management Corporation, the Company’s Adviser, as servicer, and certain other lenders party thereto (together with the Amendment, the “Credit Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1321741/000119312523267202/0001193125-23-267202-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.