Runway Growth Finance Corp. Announces Partial Redemption of 7.50% Notes Due 2027 and Whole Redemption of 8.00% Notes Due 2027

Rhea-AI Summary

Runway Growth Finance Corp (Nasdaq: RWAY) said it will partially redeem its 7.50% Notes due 2027 and fully redeem its 8.00% Notes due 2027 on March 5, 2026. The company expects to redeem $40,250,000 of 7.50% Notes and $51,750,000 of 8.00% Notes.

The redemption price per note will be $25 plus accrued and unpaid interest from March 1, 2026 up to, but not including, the redemption date.

Positive

• Redemption reduces outstanding 8.00% notes by $51,750,000 on March 5, 2026
• Partial redemption removes $40,250,000 principal of 7.50% notes

Negative

• Requires cash outflow of $92,000,000 principal on March 5, 2026
• Accrued interest payable from March 1, 2026 increases near-term cash burden

Key Figures

7.50% Notes principal: $40,250,000 8.00% Notes principal: $51,750,000 7.50% coupon: 7.50% +3 more

6 metrics

7.50% Notes principal $40,250,000 Aggregate principal to be redeemed March 5, 2026

8.00% Notes principal $51,750,000 Aggregate principal to be redeemed March 5, 2026

7.50% coupon 7.50% Coupon on Notes due 2027 being partially redeemed

8.00% coupon 8.00% Coupon on Notes due 2027 being wholly redeemed

Redemption price $25 per note Plus accrued and unpaid interest to Redemption Date

Redemption Date March 5, 2026 Scheduled settlement date for the redemptions

Market Reality Check

Price: $8.96 Vol: Volume 341,055 is about 1...

normal vol

$8.96 Last Close

Volume Volume 341,055 is about 15% above the 20-day average of 295,950. normal

Technical Shares at $8.96 are trading below the 200-day MA of $9.92 and about 23.61% under the 52-week high of $11.73.

Peers on Argus

RWAY slipped 0.76% while peers showed mixed, mostly modest moves: JRI -0.23%, HI...

RWAY slipped 0.76% while peers showed mixed, mostly modest moves: JRI -0.23%, HIO -0.26%, SCM -2.39%, SOR +0.67%, HQL -0.69%. No clear sector-wide pattern.

Historical Context

5 past events · Latest: Jan 27 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 27	Debt offering	Neutral	+0.4%	Priced <b>$100.0M</b> 7.25% notes due 2031 to refinance 2027 notes.
Jan 26	Debt offering	Neutral	-1.1%	Commenced unsecured notes offering to repay debt and fund SWK deal.
Jan 13	Portfolio update	Positive	+1.7%	Reported Q4 2025 fundings and <b>$77.8M</b> liquidity events plus SWK progress.
Dec 10	Management hire	Positive	+1.0%	Added new Managing Director to support growth lending strategy.
Nov 06	Earnings report	Positive	+1.9%	Q3 2025 results with <b>$36.7M</b> investment income and dividend declaration.

Pattern Detected

Recent news, including offerings, portfolio updates, and earnings, has generally seen share price moves align with the directional tone of the announcements.

Recent Company History

Over the last few months, Runway Growth has focused on portfolio growth, capital markets activity, and a strategic merger. A $100.0M 7.25% notes offering in late January 2026 followed the commencement of a notes offering the prior day, both aimed at refinancing 2027 notes and funding the SWK Holdings acquisition. Earlier, a Q4 2025 portfolio update highlighted new fundings and liquidity events, while Q3 2025 results showed $36.7M total investment income and $15.7M net investment income. Today’s redemption news follows through on that refinancing strategy.

Market Pulse Summary

This announcement details Runway Growth’s plan to redeem $40.25M of 7.50% notes and $51.75M of 8.00%...

Analysis

This announcement details Runway Growth’s plan to redeem $40.25M of 7.50% notes and $51.75M of 8.00% notes on March 5, 2026 at $25 per note plus accrued interest. It follows recent 7.25% notes issuance intended to refinance 2027 debt and support the SWK Holdings acquisition. Investors may track how these moves affect the debt maturity profile, interest expense, and progress on the SWK merger and portfolio growth strategy.

Key Terms

cusip, aggregate principal amount, accrued and unpaid interest, redemption date

4 terms

cusip financial

"7.50% Notes due 2027 (CUSIP No. 78163D 209; NasdaqGS: RWAYL)"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

aggregate principal amount financial

"expects to redeem $40,250,000 aggregate principal amount of the issued"

The aggregate principal amount is the total amount of money borrowed through a bond or loan that the borrower promises to repay. It’s like the original price tag on a loan or bond, showing how much money is involved in the deal. This number matters because it indicates the size of the debt and helps investors understand the scale of the borrowing.

accrued and unpaid interest financial

"The redemption price per Note will be $25 plus accrued and unpaid interest"

Accrued and unpaid interest is the interest that has built up on a loan or debt but hasn't been paid yet. It's like owing your friend money for a favor over time—you're expected to pay it later, even though you haven't paid it yet. This matters because it shows how much you owe beyond the original amount borrowed.

redemption date financial

"$51,750,000 ... on March 5, 2026 (the “Redemption Date”)."

The redemption date is the specific day when a debt-like security (such as a bond, preferred share, or certificate) must be repaid by the issuer and the investor receives the principal plus any final interest or dividends. It matters to investors because it tells when cash will return, shapes the effective return and price of the security, and creates reinvestment and timing considerations—like knowing when a loan is due so you can plan what to do with the returned money.

AI-generated analysis. Not financial advice.

MENLO Park, Calif., Feb. 03, 2026 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (“Runway Growth” or the “Company”) (Nasdaq: RWAY), today announced that it intends to redeem a portion of its 7.50% Notes due 2027 (CUSIP No. 78163D 209; NasdaqGS: RWAYL) (the “7.50% Notes”) and all of its 8.00% Notes due 2027 (CUSIP No. 78163D 308; NasdaqGS: RWAYZ) (the “8.00% Notes”, together with the 7.50% Notes, the “Notes”). The Company expects to redeem $40,250,000 aggregate principal amount of the issued and outstanding 7.50% Notes on March 5, 2026 and $51,750,000 aggregate principal amount of the issued and outstanding 8.00% Notes on March 5, 2026 (the “Redemption Date”). The redemption price per Note will be $25 plus accrued and unpaid interest thereon from March 1, 2026 to, but not including, the Redemption Date.

About Runway Growth Finance Corp.

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. Runway Growth is a closed-end investment fund that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. Runway Growth is externally managed by Runway Growth Capital LLC, an affiliate of BC Partners Advisors L.P., and led by industry veteran David Spreng. For more information, please visit www.runwaygrowth.com.

Forward-Looking Statements

Statements included herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Statements other than statements of historical facts included in this press release may constitute forward-looking statements, including statements regarding our intentions related to the offering discussed in this press release and the use of proceeds from the offering, and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in forward-looking statements as a result of a number of factors, including those described from time to time in Runway Growth’s filings with the SEC. Runway Growth undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release. 

IR Contacts:
Taylor Donahue, Prosek Partners, rway@prosek.com
Thomas B. Raterman, Chief Financial Officer and Chief Operating Officer, tr@runwaygrowth.com

FAQ

What is Runway Growth Finance (RWAY) redeeming on March 5, 2026?

Runway Growth Finance will redeem specified 7.50% and 8.00% notes on March 5, 2026. According to the company, it expects to redeem $40,250,000 of 7.50% notes and $51,750,000 of 8.00% notes on that date.

How much principal of the 8.00% notes is Runway Growth (RWAY) redeeming?

Runway Growth is redeeming $51,750,000 principal of its 8.00% notes. According to the company, the full outstanding aggregate principal amount specified will be redeemed on March 5, 2026 at $25 per note plus accrued interest.

What redemption price will Runway Growth Finance (RWAY) pay for the notes?

The redemption price per note will be $25 plus accrued and unpaid interest. According to the company, interest accrues from March 1, 2026 up to, but not including, the redemption date of March 5, 2026.

How much of the 7.50% notes is Runway Growth (RWAY) planning to redeem?

Runway Growth plans to redeem $40,250,000 aggregate principal of its 7.50% notes. According to the company, that partial redemption is scheduled for March 5, 2026 under the stated terms.

What is the cash impact for Runway Growth Finance (RWAY) from these redemptions?

The redemptions require principal payments totaling $92,000,000 on March 5, 2026 plus accrued interest. According to the company, $40,250,000 and $51,750,000 principal amounts will be redeemed for the 7.50% and 8.00% notes respectively.