Filing Analysis
Runway Growth Finance Corp. issued $50 million in aggregate principal amount of 7.00% Notes due 2029. The proceeds are intended to repay outstanding indebtedness under the company's Credit Facility and for general corporate purposes.
📋 Key Facts
- Aggregate principal amount: $50,000,000
- Interest rate: 7.00% per year, paid semi-annually on June 1 and December 1
- Maturity date: December 1, 2029
- Closing date: May 29, 2026
- Underwriter: Oppenheimer & Co. Inc.
- Notes rank pari passu with existing unsecured indebtedness (7.50% 2027, 9.00% 2027, 7.51% 2028, and 7.25% 2031 notes)
- Notes are structurally subordinated to obligations of subsidiaries and the KeyBank Credit Facility
Runway Growth Finance Corp. (RWAY) announced its financial results for the first quarter ended March 31, 2026. The disclosure was made via a press release furnished as an exhibit to the filing under Item 2.02.
📋 Key Facts
- Reporting period: Quarter ended March 31, 2026.
- Filing date: May 7, 2026.
- The information is furnished under Item 2.02 (Results of Operations and Financial Condition).
- Exhibit 99.1 contains the full press release detailing financial performance.
Runway Growth Finance Corp. announced a regular quarterly dividend of $0.33 per share for the second quarter of 2026. The dividend is scheduled for payment on June 2, 2026, to stockholders of record as of May 18, 2026.
📋 Key Facts
- Declared a Q2 2026 regular dividend of $0.33 per share
- Record date set for May 18, 2026
- Payment date scheduled for June 2, 2026
- Board of Directors approved the dividend on May 5, 2026
- The announcement was made via press release on May 6, 2026
Runway Growth Finance Corp. (RWAY) completed its acquisition of SWK Holdings Corporation on April 6, 2026, through a series of mergers. The transaction involved the issuance of approximately 6.33 million shares and the assumption of $30 million in senior debt.
🚩 Red Flags
- Assumption of $30,000,000 in high-yield debt (9.00% Senior Notes due 2027).
📋 Key Facts
- Acquisition of SWK Holdings Corporation completed on April 6, 2026.
- SWK stockholders received either 1.7264 shares of RWAY common stock or $20.59 in cash per share, plus a $0.74 per share cash payment from the Adviser.
- RWAY issued an aggregate of approximately 6,330,640 shares of common stock to former SWK stockholders.
- RWAY assumed $30,000,000 in aggregate principal amount of SWK's 9.00% Senior Notes due 2027.
- The transaction was executed via a three-step merger process resulting in SWK being merged into RWAY.
Runway Growth Finance Corp. announced its financial results for the fourth quarter ended December 31, 2025, via a press release on March 12, 2026.
📋 Key Facts
- Announced Q4 2025 financial results on March 12, 2026
- Information furnished under Item 2.02
- Exhibit 99.1 contains the full press release
Runway Growth Finance Corp. announced a regular quarterly dividend of $0.33 per share for the first quarter of 2026. The dividend is payable on March 24, 2026, to stockholders of record as of March 10, 2026.
📋 Key Facts
- Dividend amount of $0.33 per share declared on February 25, 2026
- Record date for stockholders is March 10, 2026
- Payment date is scheduled for approximately March 24, 2026
- The company is classified as an emerging growth company