Gladstone Capital Announces Major Debt Repayment and Special Dividend

Strategic Debt Management and Shareholder Reward

Gladstone Capital has unveiled a dual-pronged initiative this week that significantly strengthens its capital position while directly rewarding shareholders. The business development company (BDC) confirmed plans to fully redeem $207 million in outstanding notes and declared a special cash distribution for its common stockholders.

The company’s board approved a special dividend of $0.10 per share, payable on September 29 to shareholders of record as of September 23. This decision, authorized on September 13, represents an extra distribution beyond Gladstone Capital’s regular monthly dividend payments.