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Nasdaq Global Select Market

Nasdaq Global Select Market

Securities exchange

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Gladstone Investment calls its 8% baby bond early—and kicks GAINL off Nasdaq

Money Moves

Listing venue; GAINL slated for delisting after redemption

Gladstone Investment issued an 8% “baby bond” in 2023 when money was expensive and investors wanted yield. Now it’s ending that relationship early: the company called the entire $74.75 million 8.00% Notes due 2028 (ticker: GAINL) and set the redemption for December 16, 2025—at par plus accrued interest.

Updated Feb 10