Stellus Cap Inv Corp

The company today announced that it priced a public offering of $75 million aggregate principal amount of 7.25% notes due 2030 (the “Notes”) on March 25, 2025. The Notes will mature on April 1, 2030, and may be redeemed in whole or in part at any time or from time to time at the Company’s option at par plus a “make-whole” premium, if applicable. The Notes will bear interest at a rate of 7.25% per year payable semi-annually on April 1 and October 1 of each year, beginning October 1, 2025. As of 2025-03-24, the Fund’s leverage was 60.5% and Debt Focused BDC Group leverage was 51.2%.

2025-03-25T00:00:00-04:00March 25th, 2025|

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