Capital Southwest ups secured revolver to $380 million

By William Gullotti

Buffalo, N.Y., May 11 – Capital Southwest Corp. entered into an amendment to its senior secured revolving credit agreement with its existing lender group, according to press release on Wednesday.

The amendment upped the revolver’s total commitments by $45 million, increasing the facility to $380 million from $335 million.

The amendment also changed the facility’s benchmark interest rate to SOFR from Libor.

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.