Capital Southwest Increases Credit Facility to $435 Million and Extends Maturity to August 2028
2023年8月3日 - 5:01AM
Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC),
an internally managed business development company focused on
providing flexible financing solutions to support the acquisition
and growth of middle market businesses, today announced an
amendment to its senior secured credit facility (the “Credit
Facility”). The amendment increased commitments under the Credit
Facility from $400 million to $435 million, added an uncommitted
accordion feature that could increase the maximum commitments up to
$750 million, and amended several financial covenants. The end of
the Credit Facility’s revolving period was extended from August 9,
2025 to August 2, 2027, and the final maturity was extended from
August 9, 2026 to August 2, 2028.
About Capital Southwest
Capital Southwest Corporation (Nasdaq: CSWC) is
a Dallas, Texas-based, internally managed business development
company with approximately $1.2 billion in investments at fair
value as of March 31, 2023. Capital Southwest is a middle market
lending firm focused on supporting the acquisition and growth of
middle market businesses with $5 million to $35
million investments across the capital structure, including
first lien, second lien and non-control equity co-investments. As a
public company with a permanent capital base, Capital
Southwest has the flexibility to be creative in its financing
solutions and to invest to support the growth of its portfolio
companies over long periods of time.
Investor Relations Contact:
Michael S. Sarner, Chief Financial Officer214-884-3829
Capital Southwest (NASDAQ:CSWC)
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Capital Southwest (NASDAQ:CSWC)
過去 株価チャート
から 12 2023 まで 12 2024