0001171843-19-005602.txt : 20190821 0001171843-19-005602.hdr.sgml : 20190821 20190821163012 ACCESSION NUMBER: 0001171843-19-005602 CONFORMED SUBMISSION TYPE: N-23C-2 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190821 FILED AS OF DATE: 20190821 DATE AS OF CHANGE: 20190821 EFFECTIVENESS DATE: 20190821 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GLADSTONE CAPITAL CORP CENTRAL INDEX KEY: 0001143513 IRS NUMBER: 542040781 STATE OF INCORPORATION: MD FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: N-23C-2 SEC ACT: 1940 Act SEC FILE NUMBER: 817-01266 FILM NUMBER: 191043349 BUSINESS ADDRESS: STREET 1: 1521 WESTBRANCH DRIVE STREET 2: SUITE 100 CITY: MCLEAN STATE: VA ZIP: 22102 BUSINESS PHONE: 703-287-5800 MAIL ADDRESS: STREET 1: 1521 WESTBRANCH DRIVE STREET 2: SUITE 100 CITY: MCLEAN STATE: VA ZIP: 22102 N-23C-2 1 n23c2_082119.htm FORM N-23C-2

Securities and Exchange Commission

Washington, DC 20549

Rule 23c-2 Notice of Intention to

Redeem Securities

 

of

 

Gladstone Capital Corporation

1521 Westbranch Drive, Suite 100

McLean, Virginia 22102

 

under the

Investment Company Act of 1940

 

Investment Company Act File No. 814-00237

 

The undersigned, Gladstone Capital Corporation (the “Fund”), is a closed-end, management investment company that has elected to be regulated as a business development company. The Fund hereby notifies the Securities and Exchange Commission that it intends to redeem securities of which it is the issuer, and provides the information set forth below that is required by Rule 23c-2 under the Investment Company Act of 1940 (the “Act”).

 

(1)Title of the class of securities of the Fund to be redeemed:

 

6.00% Series 2024 Term Preferred Stock due 2024 (CUSIP #376535 506)

Liquidation Preference: $25.00 per share

 

(2)The Fund intends for the securities to be called or redeemed no earlier than on the following date:

 

October 2, 2019

 

(3)Applicable provisions of the governing instrument pursuant to which the securities are to be redeemed:

 

The shares of the 6.00% Series 2024 Term Preferred Stock due 2024 are being voluntarily redeemed pursuant to Section 2.5(c) of the Gladstone Capital Corporation Articles Supplementary Establishing and Fixing the Rights and Preferences of Term Preferred Shares, as well as the Articles Supplementary Establishing and Fixing the Rights and Preferences of Term Preferred Shares, 6.00% Series 2024 and Exhibit A thereto.

 

(4)The number of shares to be redeemed and the basis upon which the shares to be redeemed are to be selected:

 

The Fund intends to redeem 100% of the 2,070,000 outstanding 6.00% Series 2024 Term Preferred Stock due 2024.

 

 

 

 

 

SIGNATURE

 

Pursuant to the requirement of Rule 23c-2 under the Investment Company Act of 1940, the Fund has duly caused this Notice of Intention to Redeem Securities to be signed on its behalf by the undersigned on this 21st day of August, 2019.

 

       
  GLADSTONE CAPITAL CORPORATION
     
  By:  

/s/ David Gladstone

  Name:   David Gladstone
  Title:   Chairman & Chief Executive Officer