Capital Southwest increases corporate credit facility to $595 million

  • Capital Southwest amended its Corporate Credit Facility and raised commitments to $595 million.
  • The facility’s potential maximum increased to $1 billion through its accordion feature.
  • Capital Southwest extended the revolving period to 2030 and final maturity to 2031.

Capital Southwest amended its senior secured Corporate Credit Facility, raising lender commitments from $510 million to $595 million and increasing the uncommitted accordion capacity to a potential $1 billion. The amendment lowers the applicable margin to 2.00% from 2.15%, removes the SOFR adjustment, cuts unused commitment fees to 0.50%-0.75% from 0.50%-1.00% annually based on utilization, and changes certain financial covenants. The revolving period now ends September 2, 2030, while final maturity was extended to September 2, 2031. Capital Southwest said the changes increase liquidity, reduce financing costs and provide greater balance-sheet flexibility. The company had approximately $2.2 billion of investments at fair value as of June 30, 2026.

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