secwatch.observer — SEC 8-K summary
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Issuer:     GLADSTONE INVESTMENT CORPORATION\DE (GAIN)
CIK:        0001321741
Form:       8-K
Filed at:   2026-06-11T20:05:47+00:00
Accession:  0001193125-26-267511
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1321741/000119312526267511/0001193125-26-267511-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1321741/000119312526267511/d131086d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-267511

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