Capital Southwest Corporation Prices Public Offering of $62.5 million 7.75% Notes due 2028

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Jun 07, 2023

DALLAS, June 07, 2023 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (NASDAQ: CSWC) (“Capital Southwest”) (rated Baa3, Stable Outlook by Moody’s) is pleased to announce that it has priced an underwritten public offering of $62.5 million in aggregate principal amount of 7.75% notes due 2028 (the “Notes”). The Notes will bear interest at a rate of 7.75% per year, payable quarterly on February 1, May 1, August 1, and November 1, beginning August 1, 2023. The Notes will mature on August 1, 2028 and may be redeemed in whole or in part at Capital Southwest’s option on or after August 1, 2025.