Stellus Capital Investment Corporation Announces Reopening of $50 Million in 7.25% Notes Due 2030

Reuters
2025/09/23
<a href="https://laohu8.com/S/SCA">Stellus Capital Investment Corporation</a> Announces Reopening of $50 Million in 7.25% Notes Due 2030

HOUSTON, Sept. 23, 2025/PRNewswire/ -- Stellus Capital Investment Corporation $(SCM)$ has announced the pricing of a public offering for an additional $50.0 million aggregate principal amount of 7.25% notes due 2030. This move follows a previous issuance of $75.0 million of the same notes on April 1, 2025. With this latest issuance, the outstanding aggregate principal amount of Stellus' 7.25% notes due 2030 will increase to $125.0 million. The notes will be fungible and rank equally with the existing notes under the same CUSIP number. The company plans to use the net proceeds to repay a portion of its 4.875% notes due 2026, which currently stand at an aggregate principal amount of $100.0 million as of September 19, 2025. Delivery of the notes is expected around September 25, 2025, subject to customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stellus Capital Investment Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: DA80909) on September 23, 2025, and is solely responsible for the information contained therein.

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