---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-267511"
form_type: "8-K"
ticker: "GAIN"
cik: "0001321741"
company_name: "GLADSTONE INVESTMENT CORPORATION\\DE"
filed_at: "2026-06-11T20:05:47+00:00"
generated_at: "2026-06-11T20:10:55.726887+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Gladstone Investment expands credit facility to $405M, extends maturity to June 2030

## Summary
- Credit facility size increased from $300M to $405M; can be further raised to $500M.
- Revolving period extended to June 8, 2029; final maturity two years after revolving ends.
- Interest rate on advances reduced to 30-day Term SOFR + 2.85% (floor 0.35%).
- Backup servicer changed from BNY Mellon to KeyBank effective immediately.
- Updated change-in-control covenants and other terms; fee letters executed.

## SEC filing metadata
- accession: 0001193125-26-267511
- form_type: 8-K
- ticker: GAIN
- cik: 0001321741
- company_name: GLADSTONE INVESTMENT CORPORATION\DE
- filed_at: 2026-06-11T20:05:47+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1321741/000119312526267511/0001193125-26-267511-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1321741/000119312526267511/d131086d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-267511
- JSON: https://secwatch.observer/filing/0001193125-26-267511.json
- Plain text: https://secwatch.observer/filing/0001193125-26-267511.txt

## Key facts
- Debt Financings
  GLADSTONE INVESTMENT CORPORATION\DE amended credit facility of $405.0 million with KeyBank National Association at 30-day Term SOFR, subject to a floor of 0.35%, plus 2.85% per annum maturing two years after the termination of the revolving period (i.e., June 8, 2031).
  - Instrument: credit facility
  - Principal: $405.0 million
  - Counterparty: KeyBank National Association
  - Rate: 30-day Term SOFR, subject to a floor of 0.35%, plus 2.85% per annum
  - Maturity: two years after the termination of the revolving period (i.e., June 8, 2031)
  - Event: amendment
  source text: then increasing to 3.10% for the period from June 8, 2029 to June 8, 2030, and increasing further to 3.35% thereafter; • increase the Credit Facility size from $300.0 million to $405.0 million, with the ability to increase the total maximum facility to $500.0 million; and • update certain existing terms and covenants including certain change-in-control events. The
  evidence_url: https://www.sec.gov/Archives/edgar/data/1321741/000119312526267511/0001193125-26-267511-index.htm
- Material Agreements
  GLADSTONE INVESTMENT CORPORATION\DE amended Amendment No. 13 with KeyBank National Association (effective 2026-06-10).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: KeyBank National Association
  - Effective: 2026-06-10
  source text: On June 10, 2026, Gladstone Investment Corporation (the “Company”), through its wholly-owned subsidiary Gladstone Business Investment, LLC, entered into Amendment No. 13 (the “Amendment”) to its Fifth Amended and Restated Credit Agreement with KeyBank National Association (“KeyBank”), as administrative agent, joint lead arranger and lender, Fifth Third Bank as managing agent, joint lead arranger and lender, City National Bank as joint lead arranger and lender, Gladstone Management Corporation, the Company’s Adviser, as servicer, and certain other lenders party thereto (together with the Amendment, the “Credit Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1321741/000119312526267511/0001193125-26-267511-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.