Capital Southwest Corporation Prices Public Offering of $350 million 5.950% Notes due 2030

Core Viewpoint - Capital Southwest Corporation has announced a public offering of $350 million in 5.950% notes due 2030, with a yield-to-maturity of 6.104% [1][2]. Group 1: Offering Details - The notes will mature on September 18, 2030, and can be redeemed at par plus a "make-whole" premium before August 18, 2030 [1]. - The offering price is set at 99.345% of the aggregate principal amount of the notes [1]. - The offering is expected to close on September 18, 2025, subject to customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to redeem the outstanding 7.75% Notes due 2028 and 3.375% Notes due 2026 [2]. - A portion of the proceeds will also be used to repay outstanding indebtedness under the Corporate Credit Facility and/or the SPV Credit Facility [2]. - The company plans to re-borrow under these facilities to make investments aligned with its investment objectives and for general corporate purposes [2]. Group 3: Underwriters - Deutsche Bank Securities Inc., ING Financial Markets LLC, Morgan Stanley & Co. LLC, SMBC Nikko Securities America, Inc., and Wells Fargo Securities, LLC are acting as active bookrunners for the offering [3]. - Citizens JMP Securities, LLC and Raymond James & Associates, Inc. are serving as passive bookrunners [3]. - B. Riley Securities, Inc., Oppenheimer & Co. Inc., and UBS Investment Bank are co-managers for the offering [3]. Group 4: Company Overview - Capital Southwest Corporation is a Dallas-based business development company with approximately $1.8 billion in investments at fair value as of June 30, 2025 [7]. - The company focuses on middle market lending, supporting acquisitions and growth of businesses with investments ranging from $5 million to $50 million [7]. - As a public company with a permanent capital base, Capital Southwest has the flexibility to provide creative financing solutions [7].