8-K
filed September 12, 2025, 7:59 PM ET
ticker GLAD
CIK 0001143513
debt
confidence high
sentiment neutral
materiality 0.60
Gladstone Capital closes $149.5M offering of 5.875% convertible notes due 2030
GLADSTONE CAPITAL CORP
- Issued $149.5M aggregate principal, including full exercise of $19.5M overallotment option.
- Notes bear 5.875% interest, payable semiannually; mature October 1, 2030.
- Initial conversion rate 38.4394 shares per $1,000 principal (~$26.02 conversion price).
- Net proceeds of ~$142.3M to repay credit facility; re-borrowing expected to redeem 2026 & 2028 notes.
- Notes are unsecured, rank pari passu with existing unsecured debt; redeemable after Oct 6, 2028 under certain conditions.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001193125-25-202244
- form_type
- 8-K
- ticker
- GLAD
- cik
- 0001143513
- company_name
- GLADSTONE CAPITAL CORP
- filed_at
- 2025-09-12T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:43.442051+00:00
- generated_at
- 2026-05-17T06:43:12.753027+00:00
- sec_items
- ["1.01", "9.01"]
- event_type
- debt
- sentiment
- neutral
- materiality_score
- 0.6
- calibrated_materiality_score
- 0.6
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001193125-25-202244
- json_url
- https://secwatch.observer/filing/0001193125-25-202244.json
- markdown_url
- https://secwatch.observer/filing/0001193125-25-202244.md
- text_url
- https://secwatch.observer/filing/0001193125-25-202244.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1143513/000119312525202244/0001193125-25-202244-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1143513/000119312525202244/d940631d8k.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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