Capital Southwest expands revolver to $340 million, ups accordion

By Taylor Fox

New York, Dec. 10 – Capital Southwest Corp. entered into amendment one to the amended and restated senior secured revolving credit agreement, according to an 8-K filing with the Securities and Exchange Commission.

The amendment expands the accordion feature to permit an increase in total commitments to $400 million, up from from $350 million.

Capital Southwest also entered into an incremental commitment agreement that increases the total commitments under the credit agreement to $340 million from $325 million.

ING Capital LLC is the administrative agent and Texas Capital Bank, NA is the documentation agent.

Capital Southwest is a Dallas-based middle market lender.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.