Capital Southwest priced a public offering of $350 million in aggregate principal amount of notes due 2031. The notes carry a 6.750% annual coupon rate payable semi-annually and were issued at 98.985% of par to yield 6.994% at maturity. Net proceeds will initially be used to repay a portion of the outstanding debt under the company's senior secured revolving credit facility, and the company intends to later re-borrow under that facility to fund new middle-market investments and cover general corporate expenses. The transaction is scheduled to close on September 15, 2026.
Capital Southwest CorporationCapital Southwest priced $350M of 6.75% notes due 2031, refinancing revolver debt and funding new middle-market investments.
