BRIEF

on Gladstone Investment Corporation (NASDAQ:GAIN)

Gladstone Investment Corporation Unveils Notes Offering

Stock price chart of Gladstone Investment Corporation (EBR:GAIN) showing fluctuations.

Gladstone Investment Corporation (Nasdaq: GAIN) has announced plans for a public offering of Notes due in 2030. The company aims to list these Notes on the Nasdaq Global Select Market under the symbol "GAINI" within 30 days of issuance. Joint book-running managers for this offering include Oppenheimer & Co. Inc., B. Riley Securities, Inc., Lucid Capital Markets, LLC, and Piper Sandler & Co. Co-managers are InspereX LLC, Janney Montgomery Scott LLC, and Wedbush Securities Inc.

The proceeds from this offering are intended to repay part of the company's revolving credit facility, fund new investments, and for other corporate purposes. Interested investors are encouraged to review the preliminary prospectus for detailed information.

The offering will be a public one, conducted under Gladstone Investment's effective shelf registration filed with the SEC. Investors should note that information in the preliminary documentation may change, and the offering is subject to various conditions.

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Gladstone Investment Corporation news