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Gladstone Capital Closes $149.5M Convertible Notes Offering

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Gladstone Capital Closes $149.5M Convertible Notes Offering

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The latest update is out from Gladstone Capital ( (GLAD) ).

On September 12, 2025, Gladstone Capital Corporation successfully closed an offering of $149.5 million in convertible notes due 2030, with an interest rate of 5.875% per year. The company plans to use the net proceeds of approximately $142.3 million to repay part of its outstanding credit facility and for general corporate purposes, including redeeming portions of its 2026 and 2028 notes. This strategic financial move is expected to impact the company’s debt structure and provide flexibility for future financial operations.

The most recent analyst rating on (GLAD) stock is a Hold with a $26.00 price target. To see the full list of analyst forecasts on Gladstone Capital stock, see the GLAD Stock Forecast page.

Spark’s Take on GLAD Stock

According to Spark, TipRanks’ AI Analyst, GLAD is a Neutral.

Gladstone Capital’s stock reflects a balanced performance with strong financial fundamentals and attractive valuation. The company’s robust income growth and effective cash flow management are key strengths, although technical indicators suggest caution. The positive sentiment from the earnings call adds to its favorable outlook, making GLAD a moderately attractive investment.

To see Spark’s full report on GLAD stock, click here.

More about Gladstone Capital

Average Trading Volume: 112,294

Technical Sentiment Signal: Buy

Current Market Cap: $527M

See more data about GLAD stock on TipRanks’ Stock Analysis page.

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