<SEC-DOCUMENT>0001193125-18-316044.txt : 20181102
<SEC-HEADER>0001193125-18-316044.hdr.sgml : 20181102
<ACCEPTANCE-DATETIME>20181101183711
ACCESSION NUMBER:		0001193125-18-316044
CONFORMED SUBMISSION TYPE:	497AD
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20181102
DATE AS OF CHANGE:		20181101

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:		497AD
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-208637
		FILM NUMBER:		181155119

	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
</SEC-HEADER>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Filed pursuant to Rule 497 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>File <FONT STYLE="white-space:nowrap">No.&nbsp;333-208637</FONT> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Rule 482ad </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g642229g1101221113151.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">November&nbsp;1, 2018 </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Gladstone Capital Corporation Announces Offering of 6.125% Notes due 2023 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">McLean, VA, November&nbsp;1, 2018: <U>Gladstone Capital Corporation</U> (NASDAQ: GLAD) (the &#147;Company&#148;) today announced that it priced a public
offering of $50.0 million aggregate principal amount of 6.125% Notes due 2023 (the &#147;Notes&#148;) on November&nbsp;1, 2018. The Notes will mature on November&nbsp;1, 2023, and may be redeemed in whole or in part at any time or from time to time
at the Company&#146;s option on or after November&nbsp;1, 2020. The Notes will bear interest at a rate of 6.125% per year payable quarterly on February&nbsp;1, May&nbsp;1, August&nbsp;1 and November&nbsp;1 of each year, beginning February&nbsp;1,
2019. The Company also granted the underwriters a <FONT STYLE="white-space:nowrap">30-day</FONT> option to purchase up to an additional $7.5 million in aggregate principal amount of Notes to cover overallotments, if any. The Company expects to list
the Notes on the Nasdaq Global Select Market under the trading symbol &#147;GLADD.&#148; Keefe, Bruyette&nbsp;&amp; Woods, <I>A Stifel Company</I>, and Janney Montgomery Scott are acting as joint book-running managers for this offering. Ladenburg
Thalmann is acting as lead manager for this offering. William Blair, J.J.B. Hilliard, W.L. Lyons, LLC, National Securities Corporation and Wedbush Securities are acting as <FONT STYLE="white-space:nowrap">co-managers</FONT> for this offering. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The closing of the transaction is subject to customary closing conditions and the Notes are expected to be delivered on or about November&nbsp;6, 2018. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Company intends to use the net proceeds from this offering to repay a portion of the amount outstanding under its revolving credit facility, to fund new
investment opportunities, and for other general corporate purposes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Investors are advised to carefully consider the investment objectives, risks,
charges and expenses of the Company before investing. The prospectus supplement, dated November&nbsp;1, 2018, and the accompanying prospectus, dated February&nbsp;1, 2018, which will be filed with the U.S. Securities and Exchange Commission (the
&#147;SEC&#148;), contain this and other information about the Company and should be read carefully before investing. </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The offering is being conducted
as a public offering under the Company&#146;s effective shelf registration filed with the SEC (File No.&nbsp;333&#150;208637). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>To obtain a copy of the
preliminary prospectus supplement for this offering and the accompanying prospectus, please contact: Keefe, Bruyette&nbsp;&amp; Woods, Inc., 787 Seventh Avenue, 4th Floor, New York, NY 10019 (telephone number <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">1-800-966-1559).</FONT></FONT></FONT> </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This communication shall not constitute an offer to
sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities
laws of any such state or other jurisdiction. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>About Gladstone Capital Corporation</B>: Gladstone Capital Corporation is a publicly traded business
development company that invests in debt and equity securities consisting primarily of secured first and second lien term loans to lower middle market businesses in the United States. </P>
</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Forward-Looking Statements </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This press release contains statements as to the Company&#146;s intentions and expectations of the outcome of future events that are forward-looking
statements. You can identify these statements by the fact that they do not relate strictly to historical or current facts. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and
other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These statements relate to the offering of Notes and the anticipated use of the net proceeds by the
Company. No assurance can be given that the transaction discussed above will be completed on the terms described, or at all. Completion of the offering on the terms described, and the application of net proceeds, are subject to numerous conditions,
many of which are beyond the control of the Company. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. For
a description of certain risks to which the Company is or may be subject, please refer to the factors discussed under the captions &#147;<I>Forward-Looking Statements</I>&#148; and &#147;<I>Risk Factors</I>&#148; included in the Company&#146;s
filings with the SEC (accessible at www.sec.gov). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">CONTACT: For further information: Gladstone Capital Corporation, <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">703-287-5898.</FONT></FONT> </P>
</DIV></Center>

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