secwatch.observer — SEC 8-K summary
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Issuer:     GLADSTONE INVESTMENT CORPORATION\DE (GAIN)
CIK:        0001321741
Form:       8-K
Filed at:   2024-12-17T23:59:59+00:00
Accession:  0001193125-24-280366
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1321741/000119312524280366/0001193125-24-280366-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1321741/000119312524280366/d846943d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-280366

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