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Runway Growth Finance Corp. issued new 7.75% Notes Due 2031, RWAYM, but I find them unattractive versus peers. RWAY's asset coverage ratio declined to 174% from 211%, and credit quality has shifted deeper into high-yield territory. RWAYM offers sector-average yield for its duration, but existing RWAY bonds and BDC peers provide better risk-adjusted returns.
Completed Four Investments in Existing Portfolio Companies Representing $8.5 Million in Fundings Completed Four Investments in Existing Portfolio Companies Representing $8.5 Million in Fundings
Shares of Runway Growth Finance Corp. (NASDAQ: RWAY - Get Free Report) have received an average rating of "Hold" from the seven research firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a
MENLO PARK, Calif., Oct. 06, 2026 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it will release its third quarter 2026 financial results after market close on Thursday, November 5, 2026. Runway Growth will discuss its financial results on a conference call that day at 2:00 p.m. PT (5:00 p.m. ET).
Higher interest rates are likely to support loan yields, while demand for personalized financing continues to rise. Despite asset quality woes, Zacks SBIC & Commercial Finance industry players like GSBD, GAIN and RWAY are worth investing in.
MENLO PARK, Calif., Sept. 25, 2026 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it has priced an underwritten public offering of $45.0 million aggregate principal amount of notes due 2031 (the “Notes”), which will result in net proceeds to the Company of approximately $43.7 million after payment of underwriting discounts and commissions but before deducting expenses payable by the Company related to this offering. The Notes will mature on October 1, 2031, and may be redeemed in whole or in part at any time or from time to time at the Company's option on or after October 1, 2028. The Notes will be issued in denominations of $25 and integral multiples of $25 in excess thereof and will bear interest at a rate of 7.75% per year, payable quarterly, with the first interest payment occurring on December 1, 2026. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional $6.8 million aggregate principal amount of Notes to cover overallotments, if any.
MENLO PARK, Calif., Sept. 23, 2026 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (“Runway Growth” or the “Company”) (Nasdaq: RWAY), a leading provider of flexible capital solutions to late and growth-stage companies seeking an alternative to raising equity, today announced that it has commenced an underwritten offering of unsecured notes (the “Notes”), subject to market and other conditions. The Company has applied for the Notes to be listed and trade on the Nasdaq Global Select Market. If approved for listing, the Company expects the Notes to begin trading within 30 days from the original issue date. The interest rate and other terms of the Notes will be determined at the time of pricing of the offering.
The average of price targets set by Wall Street analysts indicates a potential upside of 29.9% in Runway Growth Finance Corp. (RWAY). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.