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Prospect News home > News index > List of issuers G > Headlines for Gladstone Capital Corp. > News item
Published on 4/15/2009 in the Prospect News Bank Loan Daily.

Gladstone Capital trims amount of revolver by 46% to $162 million

By Susanna Moon

Chicago, April 15 - Gladstone Capital Corp. will reduce its $300 million revolving credit facility to $162 million, effective on April 14, according to an 8-K filing with the Securities and Exchange Commission.

The McLean, Va.-based specialty finance company said it exercised its right under the revolver with Deutsche Bank, A.G., KeyBank, NA and Branch Banking and Trust Co. through its wholly owned subsidiary Gladstone Business Loan LLC.


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