---
schema_version: "secwatch.filing_event.v1"
accession: "0000017313-23-000145"
form_type: "8-K"
ticker: "CSWC"
cik: "0000017313"
company_name: "CAPITAL SOUTHWEST CORP"
filed_at: "2023-12-07T23:59:59+00:00"
generated_at: "2026-06-07T16:17:51.480220+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Capital Southwest increases credit facility by $25M to $460M via accordion feature

## Summary
- Total commitments under Third Amended Credit Agreement increased from $435M to $460M.
- Increase executed under accordion feature permitting total commitments up to $750M.
- Apple Bank for Savings provided the $25M incremental commitment as new lender.
- Terms and conditions of incremental commitment identical to existing commitments.
- All conditions precedent satisfied; effective date December 7, 2023.

## SEC filing metadata
- accession: 0000017313-23-000145
- form_type: 8-K
- ticker: CSWC
- cik: 0000017313
- company_name: CAPITAL SOUTHWEST CORP
- filed_at: 2023-12-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/17313/000001731323000145/0000017313-23-000145-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/17313/000001731323000145/cswc-20231207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000017313-23-000145
- JSON: https://secwatch.observer/filing/0000017313-23-000145.json
- Plain text: https://secwatch.observer/filing/0000017313-23-000145.txt

## Key facts
- Debt Financings
  CAPITAL SOUTHWEST CORP amended credit facility of $460 million with ING Capital LLC.
  - Instrument: credit facility
  - Principal: $460 million
  - Counterparty: ING Capital LLC
  - Event: amendment
  source text: The Incremental Agreement increases the total commitments under the Credit Agreement by $25 million from $435 million to $460 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/17313/000001731323000145/0000017313-23-000145-index.htm
- Material Agreements
  CAPITAL SOUTHWEST CORP amended Incremental Commitment and Assumption Agreement with ING Capital LLC, as administrative agent, and the assuming lender party thereto valued at $25 million (effective 2023-12-07).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: ING Capital LLC, as administrative agent, and the assuming lender party thereto
  - Value: $25 million
  - Effective: 2023-12-07
  source text: On December 7, 2023, Capital Southwest Corporation (the “Company”) entered into an Incremental Commitment and Assumption Agreement (the “Incremental Agreement”) among the Company, as borrower (the “Borrower”), Capital Southwest Equity Investments, Inc., as a subsidiary guarantor, the assuming lender party thereto, and ING Capital LLC, as administrative agent and issuing bank (the “Administrative Agent”), relating to the Third Amended and Restated Senior Secured Revolving Credit Agreement, dated August 2, 2023 (the “Credit Agreement”), among the Borrower, the several lenders party to the Credit Agreement, the Administrative Agent, and Texas Capital Bank, N.A., as documentation agent. The Incremental Agreement increases the total commitments under the Credit Agreement by $25 million from $435 million to $460 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/17313/000001731323000145/0000017313-23-000145-index.htm

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