Capital Southwest lifts revolving credit agreement to $325 million

By Sarah Lizee

Olympia, Wash., March 19 – Capital Southwest Corp. increased total commitments under its revolving credit agreement by $30 million to $325 million, according to an 8-K filing with the Securities and Exchange Commission.

ING Capital LLC is the administrative agent.

The increase was executed under the accordion feature of the credit facility, which allows for an increase in total commitments under the credit facility from new and existing lenders on the same terms and conditions as the existing commitments in an amount up to $350 million.

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.