Stellus Capital Raises $50M with 7.25% Notes Due 2030 Offering.
ByAinvest
Tuesday, Sep 23, 2025 8:22 am ET1min read
SCM--
The notes, which are fungible and rank equally with the existing notes, share the same CUSIP number and terms. The offering is expected to close around September 25, 2025 [2]. Stellus plans to use the net proceeds to repay a portion of its $100 million 4.875% notes due 2026.
Stellus Capital Management, the company's investment adviser, manages its investment activities, focusing on private lower middle-market companies through various debt financing methods. The company's investment objective is to maximize total return to its stockholders through current income and capital appreciation.
Stellus Capital Investment has priced a $50 million offering of 7.25% notes due 2030. The notes are an additional issuance of the same type of notes originally issued in April 2025 for $75 million. The offering is a new issuance of debt for the company.
Stellus Capital Investment Corporation (NYSE: SCM), an externally managed closed-end investment management company, has priced a $50 million public offering of 7.25% notes due 2030. This offering represents an additional issuance to the company's existing $75 million notes issued in April 2025, bringing the total outstanding principal amount to $125 million [1].The notes, which are fungible and rank equally with the existing notes, share the same CUSIP number and terms. The offering is expected to close around September 25, 2025 [2]. Stellus plans to use the net proceeds to repay a portion of its $100 million 4.875% notes due 2026.
Stellus Capital Management, the company's investment adviser, manages its investment activities, focusing on private lower middle-market companies through various debt financing methods. The company's investment objective is to maximize total return to its stockholders through current income and capital appreciation.

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