Business Development Company (BDC)
Appears in 1 story
Issuer; redeemed GAINL, issued new GAING notes, actively managing debt stack
Gladstone Investment issued an 8% “baby bond” in 2023 when money was expensive and investors wanted yield. Now it’s ending that relationship early: the company called the entire $74.75 million 8.00% Notes due 2028 (ticker: GAINL) and set the redemption for December 16, 2025—at par plus accrued interest.
Updated Feb 10
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