Runway Growth Finance Corp. announced it priced an underwritten public offering of $100.0 million aggregate principal amount of 7.25% notes maturing in 2031.

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 priced an underwritten public offering of $100.0 million aggregate principal amount of notes due 2031 (the "Notes"), which will result in net proceeds to the Company of approximately $97.0 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 February 3, 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 February 3, 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 7.25% per year, payable quarterly, with the first interest payment occurring on March 1, 2026. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional $15.0 million aggregate principal amount of Notes to cover overallotments, if any.

The offering is expected to close on February 3, 2026, subject to customary closing conditions. The Company intends to list the Notes on the Nasdaq Global Select Market under the symbol "RWAYI."

The Company intends to use the net proceeds from this offering to repay outstanding indebtedness, including (i) to redeem all of the Company's outstanding 8.00% Notes due 2027 (the "December 2027 Notes"), (ii) to redeem all or a portion of the Company's outstanding 7.50% Notes due 2027 (the "July 2027 Notes") and (iii) for general corporate purposes. As of January 23, 2026, the Company had $51.75 million of indebtedness outstanding under the December 2027 Notes, which bore interest at a rate of 8.00% as of such date. The December 2027 Notes mature on December 28, 2027. As of January 23, 2026, the Company had $80.5 million of indebtedness outstanding under the July 2027 Notes, which bore interest at a rate of 7.50% as of such date. The July 2027 Notes mature on July 28, 2027.

Oppenheimer & Co. Inc., B. Riley Securities, Inc., Lucid Capital Markets, LLC, and BC Partners Securities, LLC are acting as joint book-running managers of this offering. InspereX LLC and William Blair & Company L.L.C. are acting as co-managers of this offering.

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COMTEX_472626379/2227/2026-01-30T11:46:17