Runway Growth FinanceNASDAQ: RWAY

BC Partners Credit agreed to indirectly acquire a majority stake in Runway Growth Capital LLC, an SEC registered investment adviser, managing approximately $1.4 billion in private credit assets

MENLO PARK, Calif., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), 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 2024 financial results after market close on Tuesday, November 12, 2024. Runway Growth will discuss its financial results on a conference call that day at 2:00 p.m. PT (5:00 p.m. ET).

MENLO PARK, Calif., Oct. 08, 2024 (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 provided an operational and portfolio update for the third quarter ended September 30, 2024.

Runway Growth Finance's Q2 earnings report revealed underperformance, with net investment income at $0.37 per share, insufficient to cover the $0.40 dividend, likely leading to a distribution cut. The portfolio is heavily tech-focused, with 94% in senior secured first lien debt, but faces challenges due to lower venture deal volume and deteriorating credit quality. RWAY trades at a 20.7% discount to NAV, reflecting market concerns, but future interest rate cuts could present growth opportunities despite short-term income reductions.

MENLO PARK, Calif., July 31, 2024 (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 its Board of Directors has declared a third quarter 2024 regular cash distribution of $0.40 per share. In addition, the Board of Directors declared a supplemental dividend of $0.05 per share, for the third quarter of 2024.

Building on a previous commitment of $40 million provided by Runway in 2023, the funding will enable Elevate's continued growth and innovation in legal software and services. MENLO PARK, Calif.

MENLO PARK, Calif., July 11, 2024 (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 provided an operational and portfolio update for the second quarter ended June 30, 2024.

MENLO PARK, Calif., July 09, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), 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 second quarter 2024 financial results after market close on Thursday, August 8, 2024. Runway Growth will discuss its financial results on a conference call that day at 2:00 p.m. PT (5:00 p.m. ET).

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