secwatch.observer — SEC 8-K summary
======================================

Issuer:     GLADSTONE CAPITAL CORP (GLAD)
CIK:        0001143513
Form:       8-K
Filed at:   2026-06-05T20:05:19+00:00
Accession:  0001193125-26-259535
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gladstone Capital issues $60M of 7.000% Notes due 2029
------------------------------------------------------

- $60M aggregate principal of 7.000% Notes due Dec 15, 2029, issued in registered direct offering.
- Net proceeds to repay credit facility, fund new investments, and general corporate purposes.
- Notes are unsecured, rank pari passu with existing 3.75% Notes due 2027 and 5.875% Convertible Notes due 2030.
- Interest paid semiannually June 15 and Dec 15, starting Dec 15, 2026; redeemable at par plus make-whole prior to Sep 15, 2029.
- Underwriting agreement with B. Riley Securities; closing occurred June 5, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1143513/000119312526259535/0001193125-26-259535-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1143513/000119312526259535/d151987d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-259535

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer