Capital Southwest increases secured credit facility to $210 million

By Wendy Van Sickle

Columbus, Ohio, May 14 – Capital Southwest Corp. expanded its senior secured credit facility to $210 million from $200 million on Monday, according to an 8-K filing with the Securities and Exchange Commission.

The increase was completed under the credit facility’s accordion feature, which allows for an increase in total commitments up to $250 million.

ING Capital LLC is the administrative agent of the credit agreement, which was originally entered on Aug. 30, 2016.

Texas Capital Bank, NA is the documentation agent.

Capital Southwest is a Dallas-based middle market lender.

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