Oppenheimer & Co. Inc. Acted as Sole Bookrunner for Gladstone Capital Corporation (NASDAQ:GLAD) on its Upsized $149,500,000 Convertible Notes Offering
Oppenheimer & Co. acted as the Sole Bookrunner for Gladstone Capital Corporation on its upsized $149,500,000 offering of 5.875% Convertible Notes due 2030. Gladstone Capital is using the proceeds from the transaction to repay a portion of the outstanding indebtedness under its revolving credit facility and for general corporate purposes.

Gladstone Capital Corporation is a McLean, Virginia-based, externally managed business development company with approximately $750 million in investments at fair value as of June 30, 2025. The Company is a lower middle-market lender focused on supporting acquisitions and growth of small and medium sized businesses with investments $8 – $40 million across the capital structure, including first lien, second lien and non-control equity co-investments.
Financial Institutions Investment Banking

Cliff Booth
Title:Managing Director, Head of Specialty Finance

JD Nelson
Title:Managing Director

Adam Markiewicz
Title:Director

Ethan MacKenzie
Title:Associate

Dane Cripps
Title:Analyst
Convertible Securities Advisory

Robert Missant
Title:Managing Director, Head of Convertible Securities Advisory

James Lin
Title:Executive Director

Alex Silverman
Title:Analyst

Grant Reed
Title:Analyst
DISCLOSURES
This notice is provided for informational purposes only, and is not intended as a recommendation or an offer or solicitation for the purchase or sale of any security or financial instrument. Nothing contained herein shall constitute an offer or solicitation to buy or sell any securities discussed herein in any jurisdiction where such offer or solicitation would be prohibited.
This notice may contain statistical data cited from third-party sources believed to be reliable, but Oppenheimer & Co. Inc. does not represent that any such third-party statistical information is accurate or complete, and it should not be relied upon as such. All market prices, data and other information are not warranted as to completeness or accuracy and are subject to change without notice.
2025 Oppenheimer & Co. Inc. Transacts Business on all Principal US Exchanges and is a Member of SIPC 8453432.1