
Loan & DebtMay 28, 2026, 04:07 PM
Runway Growth Prices $50M Notes Offering at 7.00% Interest
AI Summary
Runway Growth Finance Corp. announced the pricing of an underwritten public offering of $50.0 million aggregate principal amount of notes due 2029. The offering is expected to yield net proceeds of approximately $48.4 million, which the company intends to use to repay outstanding indebtedness under its Credit Facility and for general corporate purposes. The notes will bear interest at a rate of 7.00% per year, payable semi-annually, and are expected to close on May 29, 2026.
Key Highlights
- Priced $50.0 million aggregate principal amount of notes due 2029.
- Net proceeds expected to be approximately $48.4 million.
- Notes will bear interest at 7.00% per year, payable semi-annually.
- Proceeds to repay outstanding $410.0 million Credit Facility debt.
- Offering expected to close on May 29, 2026.
Price Impact
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