Gladstone Investment Co. 8.00% Notes due 2028 (NASDAQ:GAINL) are senior unsecured debt securities issued by Gladstone Investment Corporation, a publicly traded business development company. These notes carry a fixed annual interest rate of 8.00%, payable monthly, and mature on June 30, 2028. The securities are designed to provide investors with a predictable stream of income, subject to the credit risk of the issuer, and are listed for trading on the NASDAQ Capital Market under the ticker symbol GAINL.
Gladstone Investment Corporation, the obligor under these notes, specializes in private equity and private credit investments. Since its founding in 2003, the company has focused on providing debt and equity financing to established, lower middle-market businesses across a range of industries in the United States. Its portfolio typically includes senior secured loans, mezzanine debt, and equity co-investments, with a goal of delivering attractive risk-adjusted returns to shareholders and debtholders.
The proceeds from the issuance of the 8.00% Notes due 2028 are intended to support Gladstone Investment Corporation’s ongoing investment activities, including new debt originations and potential equity commitments. By diversifying its funding sources through both equity and debt capital markets, the company seeks to balance cost of capital considerations with the flexibility required to pursue attractive opportunities in its target markets.
Leadership of Gladstone Investment Corporation is anchored by David A. Gladstone, who serves as Chairman, President, and Chief Executive Officer. Under his guidance, the firm has emphasized disciplined underwriting, active portfolio management, and close collaboration with portfolio company management teams. The company’s board and executive team bring extensive experience in private capital investing and credit underwriting, supporting a governance framework focused on risk management and shareholder alignment.
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