---
schema_version: "secwatch.filing_event.v1"
accession: "0000017313-23-000064"
form_type: "8-K"
ticker: "CSWC"
cik: "0000017313"
company_name: "CAPITAL SOUTHWEST CORP"
filed_at: "2023-06-14T23:59:59+00:00"
generated_at: "2026-06-14T01:22:04.576968+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Capital Southwest issues $71.9M of 7.75% notes due 2028, net proceeds $69.3M

## Summary
- Issued $71.875M aggregate principal of 7.75% Notes due August 1, 2028.
- Includes full exercise of underwriter's overallotment option of $9.375M.
- Net proceeds of ~$69.3M to repay outstanding borrowings under senior secured credit facility.
- Interest payable quarterly beginning Aug 1, 2023; redeemable at par on or after Aug 1, 2025.
- Notes are unsecured, rank pari passu with existing unsecured debt.

## SEC filing metadata
- accession: 0000017313-23-000064
- form_type: 8-K
- ticker: CSWC
- cik: 0000017313
- company_name: CAPITAL SOUTHWEST CORP
- filed_at: 2023-06-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/17313/000001731323000064/0000017313-23-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/17313/000001731323000064/cswc-20230614.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000017313-23-000064
- JSON: https://secwatch.observer/filing/0000017313-23-000064.json
- Plain text: https://secwatch.observer/filing/0000017313-23-000064.txt

## Key facts
- Debt Financings
  CAPITAL SOUTHWEST CORP incurred senior notes of $71,875,000 aggregate principal amount with U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association) at 7.75% per year maturing August 1, 2028.
  - Instrument: senior notes
  - Principal: $71,875,000 aggregate principal amount
  - Counterparty: U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association)
  - Rate: 7.75% per year
  - Maturity: August 1, 2028
  - Event: incurrence
  source text: (the “Base Indenture” and together with the Fifth Supplemental Indenture, the “Indenture”). The Fifth Supplemental Indenture relates to the Company’s issuance and sale of $71,875,000 aggregate principal amount of the Company’s 7.75% Notes due 2028 (the “Notes” and the issuance and sale of the Notes, the “Offering”) (which includes the full exercise of the
  evidence_url: https://www.sec.gov/Archives/edgar/data/17313/000001731323000064/0000017313-23-000064-index.htm
- Material Agreements
  CAPITAL SOUTHWEST CORP entered into Fifth Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $71,875,000 aggregate principal amount (effective 2023-06-14).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust Company, National Association
  - Value: $71,875,000 aggregate principal amount
  - Effective: 2023-06-14
  source text: On June 14, 2023, Capital Southwest Corporation (the “Company”) and U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association), as trustee (the “Trustee”), entered into a fifth supplemental indenture (the “Fifth Supplemental Indenture”) to the indenture, dated October 23, 2017, between the Company and the Trustee (the “Base Indenture” and together with the Fifth Supplemental Indenture, the “Indenture”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/17313/000001731323000064/0000017313-23-000064-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.