Runway Growth Finance Corp. Prices Offering of 7.25% Notes due 2031

Core Viewpoint - Runway Growth Finance Corp. has announced a public offering of $100 million in notes due 2031, aiming to provide flexible capital solutions to late and growth-stage companies [1][2] Group 1: Offering Details - The offering is priced at $100 million with net proceeds expected to be approximately $97 million after underwriting discounts [1] - The notes will mature on February 3, 2031, with an interest rate of 7.25% per year, payable quarterly starting March 1, 2026 [1] - A 30-day option for underwriters to purchase an additional $15 million in notes is included to cover overallotments [1] Group 2: Use of Proceeds - The net proceeds will be used to repay outstanding indebtedness, including redeeming all of the 8.00% Notes due 2027 and a portion of the 7.50% Notes due 2027 [2] - As of January 23, 2026, the company had $51.75 million outstanding under the December 2027 Notes and $80.5 million under the July 2027 Notes [2] Group 3: Management and Structure - Oppenheimer & Co. Inc., B. Riley Securities, Inc., Lucid Capital Markets, LLC, and BC Partners Securities, LLC are the joint book-running managers for the offering [3] - Runway Growth is externally managed by Runway Growth Capital LLC, an affiliate of BC Partners Advisors L.P., and led by David Spreng [7]

Runway Growth Finance Corp. Prices Offering of 7.25% Notes due 2031 - Reportify