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Gladstone Capital to offer notes due 2024

Gladstone Capital Corp. plans to make a public offering of notes due 2024.

The company intends to use the net proceeds to repay a portion of the amount outstanding under its credit facility, to fund new investment opportunities and for other general corporate purposes.

Janney Montgomery Scott, Ladenburg Thalmann & Co. Inc. and B. Riley FBR are the joint book-running managers of the offering, while William Blair and Wedbush Securities are acting as the co-managers.