February 5, 2026 -- B. Riley
Securities, Inc. announced it served as bookrunner for Runway
Growth Finance Corp.'s ("Runway Growth") (Nasdaq: RWAY) underwritten
public offering of $100 million aggregate principal amount of 7.25% unsecured
notes due 2031.
Runway
Growth is a specialty finance company focused on providing flexible capital
solutions to late- and growth-stage companies seeking an alternative to raising
equity. Net proceeds from the offering will be
used to repay outstanding indebtedness,
including total redemption of Runway's outstanding 8.00%
Notes due 2027, all or a portion of its outstanding 7.50%
Notes due 2027, and general corporate purposes.
Runway
Growth granted the underwriters a 30-day option to purchase up to
an additional $15 million aggregate principal amount of
notes to cover overallotments. The notes will be listed on the Nasdaq
Global Select Market under the symbol "RWAYI."
B.
Riley Securities' deal team was
led by Mike Cavanagh and Brian Taylor and included Alex Shaffer and Hayden
Kickbush.
Read more about the transaction here.
About B. Riley Securities
B. Riley Securities provides
a full suite of investment banking and capital markets services to
corporations, financial sponsors, and institutional investors across all
industry verticals. Services include initial, secondary, and follow-on
offerings, debt and equity-linked solutions, institutional private placements,
merger and acquisition (M&A) advisory, corporate restructuring, and
liability management. Widely recognized for its thematic proprietary equity
research, clients benefit from
BRS' extensive network, industry expertise,
and proven execution capabilities through its end-to-end platform. For more
information, visit www.brileysecurities.com.
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