AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Stellus Capital Raises $50M with 7.25% Notes Due 2030 Offering.
ByAinvest
Tuesday, Sep 23, 2025 8:22 am ET1min read
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.
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet