Runway Growth Finance Corp. 8% Preferred Stock

Runway Growth Finance Corp.'s 8% Preferred Stock is a financial instrument designed to provide investors with a stable, fixed income at an 8% annual dividend yield. This preferred stock is distinct from common equity as it typically offers a higher claim on assets and earnings, particularly important in the event of company liquidation. Its primary function is to attract investors looking for reliable income and lower volatility compared to common stock. Runway Growth Finance Corp., known for its focus on providing financial solutions to high-growth sectors such as technology, healthcare, and life sciences, issues this preferred stock to diversify its funding sources and reduce reliance on traditional debt. This asset is significant in financial markets due to its ability to offer protection against inflationary pressures while providing a predictable return, appealing to income-focused investors. The issuance of an 8% preferred stock underscores the company's strategic intent to leverage its growth finance business model and deliver consistent returns to its stakeholders.