Capital Southwest Corporation Increases Commitments Under Corporate Credit Facility

DALLAS, Sept. 12, 2024

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, announced an increase to the total commitments under its senior secured credit facility, known as the Corporate Credit Facility.

The Corporate Credit Facility was increased by $25 million, bringing total commitments from $460 million to $485 million. This increase was made possible by one new lender, joining the existing bank syndicate of 11 participants. The Corporate Credit Facility now has the potential for maximum commitments of up to $750 million.

Impact on Individuals:

As an individual, this increase in commitments under the Corporate Credit Facility may not have a direct impact on you. However, it signals a positive outlook on the growth and stability of middle market businesses, which could potentially lead to increased job opportunities and economic growth in the long term.

Global Implications:

On a global scale, Capital Southwest’s decision to increase commitments under the Corporate Credit Facility reflects confidence in the market and the potential for continued economic growth. This could have a ripple effect on other businesses and financial institutions, leading to increased investment and business development activities worldwide.

Conclusion:

In conclusion, Capital Southwest Corporation’s increase in commitments under its Corporate Credit Facility is a positive sign for the middle market businesses it supports. This move not only demonstrates confidence in the market but also paves the way for potential growth and development opportunities both locally and globally.