Runway Growth Finance Corp. Commences Offering of Notes

Core Viewpoint - Runway Growth Finance Corp. has initiated an underwritten offering of unsecured notes to provide flexible capital solutions to late and growth-stage companies, with proceeds aimed at repaying existing debt and financing an acquisition [1][2]. Group 1: Offering Details - The company has commenced an offering of unsecured notes, which are expected to be listed on the Nasdaq Global Select Market, pending approval [1]. - The interest rate and terms of the notes will be determined at the time of pricing [1]. - The offering is managed by Oppenheimer & Co. Inc., B. Riley Securities, Inc., Lucid Capital Markets, LLC, and BC Partners Securities, LLC, with co-managers including InspereX LLC and William Blair & Company L.L.C. [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to repay outstanding indebtedness, including redeeming a portion of the 8.00% Notes due 2027, which had an outstanding amount of $51.75 million as of January 23, 2026 [2]. - The proceeds will also finance the acquisition of SWK Holdings Corporation and for general corporate purposes [2]. Group 3: Company Overview - Runway Growth is a specialty finance company focused on providing flexible capital solutions to late- and growth-stage companies, regulated as a business development company under the Investment Company Act of 1940 [7]. - The company is externally managed by Runway Growth Capital LLC, an affiliate of BC Partners Advisors L.P., and led by industry veteran David Spreng [7].