Brief: Capital Southwest Says Raised A Total Of $104.3 Million In Gross Equity Proceeds

Capital Southwest

03/01/2023 21:26

Jan 3 (Reuters) - Capital Southwest Corp  CSWC.O :
    * CAPITAL SOUTHWEST - RAISED A TOTAL OF $104.3 MILLION IN
GROSS
EQUITY PROCEEDS AT A WEIGHTED AVERAGE PRICE OF $17.99, OR 109%
OF PREVAILING NAV PER SHARE
    * CAPITAL SOUTHWEST CORP - DURING QUARTER CO COMPLETED AN
INCREASE
TO ITS SENIOR SECURED REVOLVING CREDIT FACILITY
    * CAPITAL SOUTHWEST CORP - AS OF SEPTEMBER 30, 2022, CREDIT
FACILITY HAD $240 MILLION IN TOTAL DEBT OUTSTANDING
    * CAPITAL SOUTHWEST -CREDIT FACILITY INCREASED UNDER
EXISTING
ACCORDION FEATURE BY $20 MILLION, BRINGING TOTAL COMMITMENTS
FROM $380 MILLION TO $400 MILLION DURING QUARTER

Source text for Eikon:  ID:nGNX7q6jPT 
Further company coverage:  CSWC.O 
 ((Reuters.Briefs@thomsonreuters.com;))