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Capital Southwest upsizes credit facility to $295M

Capital Southwest Corp. boosted total commitments within its senior secured credit facility to $295 million from $270 million following the addition of a new lender.

The lender group now totals 10 participants.

The increase was executed under the accordion feature of the credit facility, which allows for an increase in total commitments from new and existing lenders in an amount up to $350 million.