Capital Southwest increases revolver to $295 million via accordion

By Wendy Van Sickle

Columbus, Ohio, May 23 – Capital Southwest Corp. said it has increased its revolving credit facility by $25 million to $295 million as a result of adding a new lender and exercising a portion of its accordion feature.

The additional lender brings the lender group to 10 participants, according to a news release.

The accordion feature allows the revolver to be increased to up to a total of $350 million.

Capital Southwest is a Dallas-based middle market lender.

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