Robert Dodd

Erik Zwick

Paul Johnson

Justin Marca

Sean-Paul Adams

- Stellus Capital Investment Corporation issued **$50,000,000** aggregate principal amount of **7.250% Notes due 2030** on **September 25, 2025**.  **[1551901_0001104659-25-093911_tm2526928d1_8k.htm:1]** **[1551901_0001104659-25-093911_tm2526928d1_ex1-1.htm:42]** 
- This issuance brings the total outstanding aggregate principal amount of the 7.250% Notes due 2030 to **$125,000,000**.  **[1551901_0001104659-25-093911_tm2526928d1_8k.htm:1]** **[1551901_0001104659-25-093911_tm2526928d1_ex1-1.htm:42]** 
- The notes mature on **April 1, 2030**, and bear an interest rate of **7.250%** per year, payable semi-annually on April 1 and October 1, commencing October 1, 2025.  **[1551901_0001104659-25-093911_tm2526928d1_8k.htm:1]** **[1551901_0001104659-25-093911_tm2526928d1_ex1-1.htm:42]** 
- The company expects to use the net proceeds from this offering to **repay a portion of its 4.875% Notes due 2026**.  **[1551901_0001104659-25-093911_tm2526928d1_8k.htm:2]** **[1551901_0001104659-25-093911_tm2526928d1_ex1-1.htm:42]** 
- The notes are direct unsecured obligations, ranking pari passu with existing and future unsecured, unsubordinated indebtedness, but are effectively subordinated to secured indebtedness.  **[1551901_0001104659-25-093911_tm2526928d1_8k.htm:1]**

Stellus Capital Investment Corporation Issues $50 Million in 7.250% Notes Due 2030

- Stellus Capital Investment Corporation priced a public offering of **$50.0 million** aggregate principal amount of **7.25% notes due 2030** on **September 22, 2025**.  **[1551901_20250923DA80909:0]** 
- This offering is an additional issuance, which will bring the total outstanding aggregate principal amount of Stellus' 7.25% notes due 2030 to **$125.0 million** upon issuance.  **[1551901_20250923DA80909:0]** 
- The company intends to use the net proceeds from this offering to repay a portion of its **4.875% notes due 2026**, of which **$100.0 million** aggregate principal amount was outstanding as of **September 19, 2025**.  **[1551901_20250923DA80909:0]**

Stellus Capital Investment Corporation prices public offering of 7.25% notes due 2030

- Stellus Capital Investment Corporation (SCM) entered into a **Sixth Amendment to its Amended and Restated Senior Secured Revolving Credit Agreement** on **September 11, 2025**.  **[1551901_0001104659-25-090030_tm2526011d1_ex10-1.htm:0]** **[1551901_0001104659-25-090030_tm2526011d1_8k.htm:1]** 
- The amendment **increased the commitment from $315 million to $335 million** and the **accordion cap from $350 million to $365 million**.  **[1551901_0001104659-25-090030_tm2526011d1_8k.htm:1]** **[1551901_0001104659-25-090030_tm2526011d1_ex10-1.htm:2]** 
- Key dates were extended, with the **Commitment Termination Date now September 11, 2029**, and the **Final Maturity Date now September 11, 2030**.  **[1551901_0001104659-25-090030_tm2526011d1_8k.htm:1]** **[1551901_0001104659-25-090030_tm2526011d1_ex10-1.htm:2]** 
- Applicable margin rates were reduced, with Eurocurrency, SOFR, and Alternative Currency Loans ranging from **2.25% to 2.50%**, and ABR and Canadian Prime Rate Loans ranging from **1.25% to 1.50%**.  **[1551901_0001104659-25-090030_tm2526011d1_8k.htm:1]** **[1551901_0001104659-25-090030_tm2526011d1_ex10-1.htm:2]** 
- The company is required to prepay at least **50% of its Unsecured Notes by September 30, 2025**, and the **entire outstanding principal balance by January 1, 2026**.  **[1551901_0001104659-25-090030_tm2526011d1_ex10-1.htm:3]**

Stellus Capital Investment (SCM)