RWAY shares trade at a 70% discount to net asset value as management announces potential 10% stake sale to BC Partners.
Runway Growth Finance Corp. (RWAY) disclosed plans to permit BC Partners to purchase up to 10% of its shares over two years. The announcement came during the company’s Q2 2026 earnings call, where management highlighted the stock’s current trading level, which remains below 70% of its net asset value (NAV).
The company recently appointed Mike Rovner as Co-Chief Executive Officer and Tom Raterman as Vice Chairman. RWAY’s shares have faced pressure amid broader market conditions, though the discount to NAV has persisted for an extended period.
No immediate market reaction was detailed in the call, but the potential stake acquisition could signal confidence from a major institutional investor.