finance.yahoo.com

Capital Southwest Expands Revolver to $595M and Cuts Spread to 2%

Capital Southwest Corporation logoCapital Southwest Corporation
Sig2.73Sen-0.82Env0.00Soc0.00Gov0.00

Capital Southwest Corporation amended its senior secured corporate credit facility on September 2, raising committed capacity to $595 million from $510 million and cutting the spread to 2%. With $280 million outstanding as of June 30, management projected roughly $420,000 in annual interest savings if unchanged. The company reported no debt maturities before 2029, but quarterly interest expense rose and pre-tax net investment income and net asset value per share declined amid investment losses.

Coverage (1)

ABOUT

What is Fimmer?

Most feeds treat all company headlines the same. An executive interview, an office closure, stock analysis, and a data breach can sit side by side with no sense of scale. Fimmer ranks coverage by what matters, so important events stand out and signals are prioritised over noise. We cluster related company news and score each story using a range of metrics, so you see the most crucial stories first.

SCORING

What do the scores mean?

Significance (0–10) measures the scale of the real-world impact. Sentiment and ESG (−10 to +10) indicate the tone of the coverage and whether the change relates to environmental, social, or governance factors. Together, these scores help distinguish meaningful developments from routine company news. More information about our scoring methodology can be found on our About page.

DISCOVERY

Explore more on Fimmer

Search more than 10,000 public companies, browse the company index, explore their scores, and read the coverage behind them, with our core features available to everyone for free.

For more advanced features, Pro gives you access to dynamic feeds, custom sorting, and more ways to track the companies that matter to you.

More with Pro