Runway Growth Finance Corp. 7.25% Notes due 2031
RWAYI
NASDAQ Global Market25.00
USD
+0.08
- -
CIK
0001653384
ISIN
US78163D4079
CUSIP
78163D407
Return %
Stock
S&P500
1Y
0.68
18.99
3Y
0.68
64.75
5Y
0.68
71.84
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- David R. Spreng
- Sector
- Financial Services
- Industry
- Financial - Credit Services
- Address
- 2061 Avy Avenue Menlo Park CA United States of America 94025
- IPO Date
- Feb 3, 2026
- CIK
- 0001653384
- Website
- runwaygrowth.com
- Similar Companies
- Business
- Runway Growth Finance Corp. is a specialty finance company that provides flexible capital solutions to late-stage and growth-stage companies seeking an alternative to traditional equity funding. The company primarily originates senior secured term loans and other senior debt obligations, with investments in second-lien loans and, where appropriate, equity securities and warrants to enhance total return. Runway Growth operates through two primary lending strategies: Sponsored Growth Lending, targeting portfolio companies sponsored by private equity or strategic investors, and Non-Sponsored Growth Lending, focusing on non-sponsored growth opportunities. The business model emphasizes flexible underwriting and structuring to support rapid scale, product development, and strategic initiatives for high-growth sectors. Headquartered in Frankfurt am Main, Germany, Runway Growth Growth Finance Corp. maintains a broad geographic footprint with investments and operations focused across the United States, with a concentration in technology, life sciences, healthcare information and services, business services, and other high-growth industries. The company pursues a disciplined investment approach designed to generate current income while seeking capital appreciation through equity-related instruments such as warrants. Runway Growth Finance Corp. is externally managed by Runway Growth Capital LLC, which oversees investment activity, portfolio management, and strategy execution. Latest major company changes include the pricing and planned issuance of 7.25% notes due 2031 to raise fresh capital to fund repayment of existing indebtedness, support strategic initiatives, and bolster liquidity; anticipated use of net proceeds includes redemption of maturing notes and refinancing of existing debt as part of a broader balance sheet optimization. The company has also pursued strategic financing activities to support planned corporate actions and potential mergers within its target ecosystem, reflecting a shift toward extended debt maturities and enhanced capital structure flexibility to sustain growth acceleration. Runway Growth continues to expand its investor base and maintain Nasdaq listing compliance for debt securities, reinforcing access to public markets for future financing. Industry and business segments include credit services and asset-based finance within the alternative lenders space, with a focus on late- and growth-stage technology-enabled companies. Primary customers are venture-backed and growth-stage firms seeking non-dilutive capital in lieu of equity rounds, including recurring revenue model beneficiaries and IP-rich businesses. Subsidiaries and parent relationships center on external management arrangements with Runway Growth Capital LLC and affiliated entities that structure, fund, and administer the company’s loan portfolio. Founding year is 2018, with headquarters in the United States and a registered presence in Germany to support European investor relations and business development.
Runway Growth: The Bear Case Is Real, The Price Has Overshot It