Gladstone Investment Prices $100M Notes Offering
Analysis based on 7 articles · First reported Feb 09, 2026 · Last updated Feb 10, 2026
The market impact is generally positive for Gladstone Investment Corporation as it secures financing for debt repayment and new investments. The offering provides investors with a fixed-income opportunity, potentially increasing liquidity for the company.
Gladstone Investment Corporation announced the pricing of a public offering of $100.0 million aggregate principal amount of 7.125% Notes due 2031. These Notes will mature on May 1, 2031, and will bear interest at 7.125% per year, payable quarterly. The company also granted underwriters a 30-day option to purchase an additional $15.0 million in Notes. The net proceeds from this offering are intended to repay a portion of the outstanding amount under its revolving credit facility, fund new investment opportunities, and for other general corporate purposes. The Notes are expected to be listed on the Nasdaq under the symbol 'GAING'. Several financial firms, including Oppenheimer Holdings===Oppenheimer & Co. Inc., Lucid Capital Markets, LLC, B. Riley Financial===B. Riley Securities, Inc., and Muriel Siebert & Co., LLC, are acting as joint book-running managers, with others serving as co-managers.
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