Capital Southwest Corp. entered into a debt distribution agreement for the sale of $50 million of its 5.95% notes due Dec. 15, 2022.
The notes offered will be a further issuance of, are fungible with, and rank equally in right of payment with, the $57.5 million aggregate principal amount of the existing notes issued.
Interest on the notes will be payable quarterly on March 15, June 15, Sept. 15 and Dec. 15 of each year.
B. Riley FBR Inc. is acting as the company's sales agent for the offering.
