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Capital Southwest to repay portion of revolver via new notes
By Marisa Wong
Los Angeles, June 7 – Capital Southwest Corp. intends to repay a portion of the debt under its senior secured revolving credit facility using proceeds from an offering of notes, according to a press release.
As of June 6, the company had $250 million of debt outstanding under its credit facility maturing on Aug. 9, 2026, according to an 8-K filing with the Securities and Exchange Commission. Borrowings bear interest at SOFR plus 215 basis points.
Capital Southwest is a Dallas-based middle market lender.
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