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UMB Bank, National Association

UMB Bank, National Association

Trustee bank

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Gladstone Investment calls its 8% baby bond early—and kicks GAINL off Nasdaq

Money Moves

Indenture trustee; handles redemption notice mechanics for noteholders

Gladstone issued an 8% baby bond in 2023 when money was expensive and investors wanted yield. Now the company is calling the $74.75 million 8.00% Notes due 2028 (ticker: GAINL) for redemption on December 16, 2025—at par plus accrued interest.

Updated Yesterday