Gladstone Investment issues up to $115M of 7.125% notes due 2031 under amended indenture

Reuters
02/19
Gladstone Investment issues up to $115M of 7.125% notes due 2031 under amended indenture

Gladstone Investment Corporation entered into a Seventh Supplemental Indenture with UMB Bank, National Association, as trustee, in connection with a public offering of up to $115 million of 7.125% unsecured notes due 2031. The notes mature May 1, 2031, pay interest quarterly starting May 1, 2026, and are redeemable at the company’s option on or after May 1, 2028. Gladstone said it plans to use the net proceeds to repay a portion of its credit facility borrowings, fund new investments, and for general corporate purposes.

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. Gladstone Investment Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-056552), on February 18, 2026, and is solely responsible for the information contained therein.

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