B. Riley Securities, a full-service investment bank, served as joint bookrunner in the $45 million underwritten offering of 7.75% notes due 2031 for Runway Growth Finance.
Net proceeds from the offering will be used to repay outstanding indebtedness, which includes redeeming all or a portion of its outstanding 9.00% Senior Notes due Jan. 31, 2027, as well as for general corporate purposes.
The notes will be listed on the Nasdaq Global Select Market under the symbol “RWAYM.”
B. Riley Securities’ deal team included Mike Cavanagh, Brian Taylor and Alex Shaffer.
