Stellus Capital Investment Corporation Raises $50 Million Through Reopening of 7.25% Notes Due 2030

Stellus Capital Investment Corporation's $50 Million Notes Offering

Stellus Capital Investment Corporation (NYSE: SCM) has recently made headlines with the announcement of a public offering of $50 million in 7.25% notes due 2030. This venture adds to its previous issuance of 7.25% notes, for which a total of $75 million was already issued in April 2025. By reopening this debt issuance, Stellus aims to bolster its financial standing and support its investment goals.

On September 22, 2025, the company finalized the pricing of these notes, which will be part of a larger aggregate amount, bringing the total outstanding principal for its 7.25% notes due 2030 to $125 million. The terms of the new notes will align with those of the existing notes, ensuring uniformity in terms of CUSIP numbers and ranking.

The closing of this transaction is contingent upon customary closing protocols and is expected to be finalized around September 25, 2025. Stellar's strategic move comes at a crucial time, as the company intends to utilize the proceeds from this offering to manage its liabilities better. More specifically, funds will be directed toward repayment of a portion of its 4.875% notes that are set to mature in 2026, which currently total $100 million in outstanding principal.

Leading the charge for this offering is Raymond James & Associates, Inc., serving as the main underwriter, while significant contributions come from Goldman Sachs, Keefe, Bruyette & Woods, and Oppenheimer & Co. As co-managers, several other firms will assist in this capital raise endeavor.

Investors looking to partake in this offering are advised to carefully assess the investment objectives and associated risks. The preliminary prospectus, dated September 22, 2025, alongside an accompanying prospectus from August 6, 2025, has been filed with the SEC and provides potential investors with essential details regarding their investment.

It’s important to emphasize that this announcement does not act as an offer or a solicitation for the sale of these notes where prohibited by law. A formal registration statement related to this offering is already effective with the SEC.

About Stellus Capital Investment Corporation:
Established as a non-diversified investment management firm, Stellus aims to maximize returns for its investors through strategic investments primarily in lower middle-market companies. By focusing on first lien and second lien debt, often complemented by equity interests, Stellus seeks to tap into opportunities that yield sustainable returns. Their investment strategy reflects a commitment to prudent financial practices, ensuring they navigate challenges while aiming for growth. Comprehensive insights into Stellus can be found on the company’s dedicated investor relations webpage.

This forward-looking statement points to Stellus's strategic efforts in the investment landscape. As this is a dynamic sector, actual outcomes may differ due to various factors, which has been noted in the company’s filings with the SEC. Overall, the pricing of these 7.25% notes is a clear indicator of Stellus’s ongoing dedication to fostering financial growth and offering promising investment opportunities to stakeholders.