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Capital Southwest Gets $150 Million Credit Facility
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Capital Southwest Gets $150 Million Credit Facility
Mar 20, 2024 1:46 PM

04:21 PM EDT, 03/20/2024 (MT Newswires) -- Capital Southwest ( CSWC ) said late Wednesday its Capital Southwest SPV unit entered into a revolving credit facility with Deutsche Bank's New York Branch.

The facility has $150 million of initial commitments with an increase to $200 million of commitments on the earlier of June 20 or the date requested by the company, Capital Southwest ( CSWC ) said.

It also has an accordion feature allowing increases up to $400 million of commitments from new and existing lenders, the company said.

The facility matures in March 2029.

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