debt
confidence high
sentiment neutral
materiality 0.50
Gladstone Capital expands credit facility by $25M, adds First-Citizens Bank as managing agent
GLADSTONE CAPITAL CORP
- Credit facility increased by $25M to ~$268.7M; First-Citizens Bank added with $25M commitment.
- Amendment No. 7 dated June 27, 2024; customary terms, covenants, and borrowing constraints apply.
- KeyBank remains administrative agent and swingline lender; other lender commitments unchanged.
- Proceeds available for general corporate purposes; facility supports lending activities.