Capital Southwest prices $350 million 6.750% notes due 2031, closes offering Sept. 15
Capital Southwest Corporation sold $350.0 million of 6.750% Notes due 2031 under an underwriting agreement dated September 10, 2026, and the offering closed September 15, 2026. The company expects net proceeds of about $342.1 million and plans to use them to repay part of its senior secured revolving credit facility, adding longer-term unsecured debt to its capital structure.
Key points
- Principal amount: $350.0 million of 6.750% Notes due September 15, 2031
- Net proceeds to the company: approximately $342.1 million at 98.985% of par, after a $3.5 million underwriting discount and about $0.9 million in estimated offering expenses
- Proceeds intended to repay a portion of borrowings under the Corporate Credit Facility
- Interest payable semi-annually on March 15 and September 15, beginning March 15, 2027
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 15, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.