GLADSTONE INVESTMENT CORPORATION\DE (GAIN): Entry into a Material Definitive Agreement
GLADSTONE INVESTMENT CORPORATION\DE (GAIN) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.1 2 d131086dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 A MENDMENT N O . 13 TO F IFTH A MENDED AND R ESTATED C REDIT A GREEMENT T HIS A MENDMENT N O . 13 T O F IFTH A MENDED AND R ESTATED C REDIT A GREEMENT (this “Amendment” ) dated as of June 10, 2026, is entered into among G L
How this was made
The 30-second read
Why it matters
The key disclosed operational change is termination of The Bank of New York Mellon as backup servicer and appointment of KeyBank as successor backup servicer, effective upon satisfaction of signature/fee-letter/document conditions.
Market read
This is a primary disclosure of a material definitive agreement affecting GAIN’s credit facility administration/backup servicing, but the excerpt lacks explicit economic/covenant changes.
What to watch
Traders should verify in the full conformed credit agreement whether Amendment No. 13 alters covenants, fees, collateral, or default/termination triggers; those details could materially change risk.
Background
The article is an SEC Form 8-K describing GAIN’s entry into Amendment No. 13 to its credit agreement, with conditions precedent and related fee letters.
Ticker impact
GAIN entered Amendment No. 13 to its Fifth Amended and Restated Credit Agreement, including termination of a backup servicer and KeyBank appointment.
Likely limited near-term price impact unless the amendment changes economics or triggers covenant/servicing risk; watch for any downstream effects on borrowing costs or servicing terms.
The filing is a primary SEC 8-K disclosure of a material definitive agreement, but the excerpt does not specify changes to interest rates, covenants, or principal amounts—only structural/servicer changes and fee-letter conditions.
Market effects
Servicer/counterparty changes in credit facilities can be a read-through for financing risk management in business development/credit-sensitive investment vehicles.
None specific beyond US credit/servicing counterparties.
Low—primarily domestic financing documentation.
Counterpoint
Because the excerpt doesn’t show any change to pricing, leverage limits, or maturity, the market may treat this as administrative rather than fundamental.
Key entities
- issuerGAIN
Gladstone Investment Corporation (DE), borrower under the credit agreement amendment.
- counterpartyKeyBank National Association
Administrative agent and successor backup servicer (backup servicer appointment referenced).
- counterpartyThe Bank of New York Mellon
Terminated as backup servicer under the backup servicing agreement upon amendment effectiveness.
