Gladstone Investment closes $126.5M offering of 7.875% Notes due 2030

GLADSTONE INVESTMENT CORPORATION\DE

Issued $126.5M aggregate principal of 7.875% Notes due Feb 1, 2030; closing Dec 17, 2024.
Interest payable quarterly starting Feb 1, 2025; redeemable at company's option on/after Feb 1, 2027.
Notes are unsecured, rank pari passu with existing 5.00% (2026), 4.875% (2028), and 8.00% (2028) notes.
Net proceeds to repay credit facility, fund new investments, and general corporate purposes.

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