Capital Southwest ups corporate credit facility to $595 million, extends maturity to 2031
CSWC•Capital Southwest expands and extends corporate credit facility
- Capital Southwest amended its senior secured Corporate Credit Facility, lifting commitments to $595 million from $510 million.
- Applicable margin cut to 2.00% from 2.15%; SOFR adjustment removed; unused commitment fees lowered to 0.50%-0.75%.
- Revolving period extended to Sept. 2, 2030 from Aug. 2, 2027; final maturity pushed to Sept. 2, 2031 from Aug. 2, 2028.
- Uncommitted accordion increased, raising potential maximum commitments to $1 billion from $750 million.
