Company: GAINI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001321741-25-000022
Chunk: 59

Company: GLADSTONE INVESTMENT CORPORATION\DE
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 1
Chunk 59
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.00 126,500 Notes payable, gross(B)18,549,500463,738 Less: Unamortized Discounts(6,760)Notes payable, net(C)$456,978 As of March 31, 2025:DescriptionTickerSymbolDate IssuedMaturity Date(A)InterestRateNotesOutstandingPrincipalAmount perNoteAggregatePrincipal Amount5.00% 2026 NotesGAINNMarch 2, 2021May 1, 20265.00%5,117,500$25.00 $127,938 4.875% 2028 NotesGAINZAugust 18, 2021November 1, 20284.875%5,382,000$25.00 134,550 8.00% 2028 NotesGAINLMay 31, 2023August 1, 20288.00%2,990,000$25.00 74,750 7.875% 2030 NotesGAINIDecember 17, 2024February 1, 20307.875%5,060,000$25.00 126,500 Notes payable, gross(B)18,549,500463,738 Less: Unamortized Discounts(8,029)Notes payable, net(C)$455,709 (A)The 5.00% 2026 Notes, the 4.875% 2028 Notes and the 8.00% 2028 Notes can be redeemed at our option at any time. The 7.875% 2030 Notes can be redeemed at our option at any time on or after February 1, 2027.(B)As of September 30, 2025 and March 31, 2025, asset coverage on our senior securities representing indebtedness, calculated pursuant to Sections 18 and 61 of the 1940 Act, was 193.2% and 204.4%, respectively.(C)Reflected as a line item on our accompanying Consolidated Statements of Assets and Liabilities.The fair value, based on the last reported closing prices, of the 5.00% 2026 Notes, 4.875% 2028 Notes, 8.00% 2028 Notes and 7.875% 2030 Notes as of September 30, 2025 was $128.7 million, $127.6 million,