Capital Southwest Announces U.S. Federal Income Tax Treatment of 2024 DividendsDALLAS, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest” or the “Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today the U.S. federal income tax treatment of its 2024 dividends.
Capital Southwest Announces Preliminary Estimate of Third Quarter 2025 Operating Results and Earnings Release and Conference Call ScheduleDALLAS, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, is pleased to announce its preliminary operating results for the third quarter of its 2025 fiscal year (quarter ended December 31, 2024) and its third quarter 2025 earnings release and conference call schedule.
Capital Southwest Receives “Green Light” Letter from the U.S. Small Business Administration to Submit Its Second SBIC License ApplicationDALLAS, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest” or the “Company”; Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced that the U.S. Small Business Administration (the “SBA”) has issued a “green light” letter inviting Capital Southwest to submit its application to obtain a license to operate a second Small Business Investment Company (“SBIC”) subsidiary.
Capital Southwest Announces Pricing of Convertible Notes OfferingDALLAS, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (Nasdaq: CSWC) (“Capital Southwest”) today announced the pricing of $200,000,000 principal amount of 5.125% Convertible Notes due 2029 (the “notes”) in an underwritten offering (the “offering”). Capital Southwest also granted the underwriters of the notes an option to purchase up to an additional $30,000,000 principal amount of notes, solely to cover over-allotments. The sale of the notes is expected to close on November 8, 2024, subject to customary closing conditions.
Capital Southwest Announces Proposed Convertible Notes OfferingDALLAS, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (Nasdaq: CSWC) (“Capital Southwest”) today announced the commencement of a registered public offering of unsecured convertible notes due 2029 (the “notes”) in an underwritten offering (the “offering”).
Capital Southwest Increases Corporate Credit Facility to $485 millionDALLAS, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced an increase to the total commitments under its senior secured credit facility (the “Corporate Credit Facility”). The Corporate Credit Facility was increased under the existing accordion feature by $25 million, bringing total commitments from $460 million to $485 million. The $25 million increase was provided by one new lender, bringing the total bank syndicate to 11 participants. The existing Corporate Credit Facility accordion feature allows for maximum commitments of up to $750 million.
Capital Southwest Announces Preliminary Estimate of First Quarter 2025 Operating Results and Earnings Release and Conference Call ScheduleDALLAS, July 17, 2024 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, is pleased to announce its preliminary operating results for the first quarter of its 2025 fiscal year (quarter ended June 30, 2024) and its first quarter 2025 earnings release and conference call schedule.
Capital Southwest expands Executive Team with Key PromotionsDALLAS, May 07, 2024 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today that its Board of Directors has approved the promotion of Josh Weinstein to Senior Managing Director and Chief Investment Officer and Chris Rehberger to Executive Vice President and Treasurer, effective immediately.
Capital Southwest Announces New $150 MM Secured Credit FacilityDALLAS, March 20, 2024 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest” or “we”") (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today that its wholly owned subsidiary, Capital Southwest SPV LLC (the “SPV”), entered into a senior secured revolving credit facility (the “SPV Facility”) with Deutsche Bank AG, New York Branch. The SPV Facility provides for $150 million of initial commitments with (i) an increase to $200 million of total commitments on the earlier of (a) June 20, 2024 or (b) the date requested by the Company, in its sole discretion, and (ii) an accordion feature that allows increases up to $400 million of total commitments from new and existing lenders on the same terms and conditions as the existing commitments. Advances under the SPV Facility bear interest at three-month Term SOFR plus an applicable margin of 2.50% during the revolving period ending on March 20, 2027. The SPV’s obligations to the lenders are secured by a first lien interest in all of the SPV’s assets but are non-recourse to Capital Southwest. The SPV Facility matures on March 20, 2029.
Capital Southwest Announces U.S. Federal Income Tax Treatment of 2023 DividendsDALLAS, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest” or the “Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today the U.S. federal income tax treatment of its 2023 dividends.
Capital Southwest Increases Credit Facility to $460 millionDALLAS, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced an increase to the total commitments under its senior secured credit facility (the “Credit Facility”). The Credit Facility was increased under the existing accordion feature by $25 million, bringing total commitments from $435 million to $460 million. The $25 million increase was provided by one new lender, bringing the total bank syndicate to 10 participants. The existing Credit Facility accordion feature allows for maximum commitments of up to $750 million.
Capital Southwest Increases Credit Facility to $435 Million and Extends Maturity to August 2028DALLAS, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced an amendment to its senior secured credit facility (the “Credit Facility”). The amendment increased commitments under the Credit Facility from $400 million to $435 million, added an uncommitted accordion feature that could increase the maximum commitments up to $750 million, and amended several financial covenants. The end of the Credit Facility’s revolving period was extended from August 9, 2025 to August 2, 2027, and the final maturity was extended from August 9, 2026 to August 2, 2028.
Capital Southwest Announces Preliminary Estimate of First Quarter 2024 Operating Results and Earnings Release and Conference Call ScheduleDALLAS, July 17, 2023 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest,” or the “Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, is pleased to announce its preliminary operating results for the first quarter of its 2024 fiscal year (quarter ended June 30, 2023) and its first quarter 2024 earnings release and conference call schedule.
Capital Southwest Corporation Closes Public Offering of 7.75% Notes due 2028Underwriters Fully Exercise Option to Purchase Additional 7.75% Notes due 2028
Capital Southwest Receives Investment Grade Rating from Fitch RatingsFitch assigns a first time BBB- long-term issuer rating with a stable outlook
Capital Southwest Corporation Prices Public Offering of $62.5 million 7.75% Notes due 2028DALLAS, June 07, 2023 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (
NASDAQCSWC) (“Capital Southwest”) (rated Baa3, Stable Outlook by Moody’s) is pleased to announce that it has priced an underwritten public offering of $62.5 million in aggregate principal amount of 7.75% notes due 2028 (the “Notes”). The Notes will bear interest at a rate of 7.75% per year, payable quarterly on February 1, May 1, August 1, and November 1, beginning August 1, 2023. The Notes will mature on August 1, 2028 and may be redeemed in whole or in part at Capital Southwest’s option on or after August 1, 2025.
Capital Southwest Corporation Announces Offering of NotesDALLAS, June 07, 2023 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC) (rated Baa3, Stable Outlook by Moody’s) announced the commencement of a registered public offering of unsecured notes due 2028 (the “Notes”). The Notes are expected to be listed on the Nasdaq Global Select Market under the trading symbol “CSWCZ” within 30 days of issuance.
Capital Southwest Announces Increase in Regular Dividend to $0.54 per share and Supplemental Dividend of $0.05 per share for the Quarter Ending June 30, 2023DALLAS, April 26, 2023 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest,” the “Company” or “we”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, is pleased to announce that its Board of Directors has declared a regular dividend of $0.54 per share and a supplemental dividend of $0.05 per share for the quarter ending June 30, 2023.
Capital Southwest Announces Preliminary Estimate of Fourth Quarter 2023 Operating ResultsDALLAS, April 13, 2023 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, is pleased to announce its preliminary operating results for the fourth quarter of its 2023 fiscal year (quarter ended March 31, 2023).
Capital Southwest Announces U.S. Federal Income Tax Treatment of 2022 DividendsDALLAS, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest” or the “Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today the U.S. federal income tax treatment of its 2022 dividends.
Capital Southwest Increases Credit Facility to $400 millionDALLAS, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced an increase to its senior secured revolving credit facility (the “Credit Facility”). The Credit Facility was increased under the existing accordion feature by $20 million, bringing the total commitments from $380 million to $400 million. The $20 million increase was provided by one existing lender and one new lender, bringing the total bank syndicate to 11 participants.
Capital Southwest Corporation Prices Public Offering of Common StockDALLAS, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (
NASDAQCSWC) (the “Company” or “Capital Southwest”) announced that it has priced an underwritten public offering of 2,203,857 shares of its common stock at a public offering price of $18.15 per share. Capital Southwest has also granted the underwriters a 30-day option to purchase up to 330,579 additional shares of its common stock. The completion of the offering is subject to customary closing conditions. The shares of common stock are expected to be delivered on November 17, 2022.
Capital Southwest Corporation Announces Offering of Shares of Common StockDALLAS, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (
NASDAQCSWC) (the “Company” or “Capital Southwest”) today announced that it has commenced an underwritten public offering of shares of its common stock of approximately $46.0 million. In connection with the proposed offering, the Company intends to grant the underwriters a 30-day option to purchase additional shares of its common stock. All of the shares of common stock to be sold in the offering are to be sold by the Company. The offering is subject to general market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the size or terms of the offering.
Capital Southwest Announces Financial Results for Second Fiscal Quarter Ended September 30, 2022CSWC Reports Pre-Tax Net Investment Income of $0.54 Per Share for Quarter Ended September 30, 2022
Capital Southwest Announces Supplemental Dividend of $0.05 per share for the Quarter Ending December 31, 2022DALLAS, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest,” the “Company” or “we”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, is pleased to announce that its Board of Directors has declared a supplemental dividend of $0.05 per share. This supplemental dividend is in addition to the previously announced regular dividend of $0.52 per share, resulting in total dividends of $0.57 per share for the quarter ending December 31, 2022.
Capital Southwest Announces Preliminary Estimate of Second Quarter 2023 Operating Results and Earnings Release and Conference Call ScheduleDALLAS, Oct. 07, 2022 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest,” the “Company” or “we”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, is pleased to announce its preliminary operating results for the second quarter of its 2023 fiscal year (quarter ended September 30, 2022) and its second quarter 2023 earnings release and conference call schedule.
