On October 1, 2025, Fidus Investment Corporation announced that it has priced an underwritten public offering of an additional $100 million aggregate principal amount of 6.750% notes due 2030. The new notes carry a 6.750% annual coupon, payable semi‑annually on March 19 and September 19, and mature on March 19, 2030. The offering is structured to be fungible with the $100 million of 6.750% notes issued on March 19, 2025, bringing the total outstanding principal of the 2030 series to $200 million.
The company stated that the net proceeds from the $100 million offering will be used to redeem in full its outstanding 4.75% notes due 2026. This redemption will reduce the company’s short‑term debt load and improve its balance‑sheet leverage profile. The proceeds will also support ongoing investment activities and maintain liquidity for future opportunities.
With the new issuance, Fidus’s total 6.750% notes due 2030 now amount to $200 million, a 100% increase from the original March 2025 offering. The move aligns with the company’s strategy of maintaining a diversified debt portfolio and leveraging its SBIC license to access favorable financing terms. The additional capital also positions Fidus to meet upcoming debt maturities and continue funding its lower‑middle‑market investment mandate.
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