---
schema_version: "secwatch.filing_event.v1"
accession: "0000017313-24-000127"
form_type: "8-K"
ticker: "CSWC"
cik: "0000017313"
company_name: "CAPITAL SOUTHWEST CORP"
filed_at: "2024-11-08T23:59:59+00:00"
generated_at: "2026-05-30T02:54:04.306393+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Capital Southwest issues $230M 5.125% convertible notes due 2029

## Summary
- Issued $230M aggregate principal of 5.125% Convertible Notes due 2029, including full over-allotment exercise.
- Net proceeds of ~$222.7M to redeem 4.50% Notes due 2026, repay credit facility, and for general corporate purposes.
- Initial conversion rate: 40 shares per $1,000 principal ($25.00 conversion price); company may redeem after Nov 20, 2027 if stock >=130% conversion price.
- Notes mature Nov 15, 2029; interest payable quarterly beginning Feb 15, 2025.
- Notes are unsecured, rank pari passu with existing unsubordinated debt, structurally subordinated to subsidiary obligations.

## SEC filing metadata
- accession: 0000017313-24-000127
- form_type: 8-K
- ticker: CSWC
- cik: 0000017313
- company_name: CAPITAL SOUTHWEST CORP
- filed_at: 2024-11-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/17313/000001731324000127/0000017313-24-000127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/17313/000001731324000127/cswc-20241104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000017313-24-000127
- JSON: https://secwatch.observer/filing/0000017313-24-000127.json
- Plain text: https://secwatch.observer/filing/0000017313-24-000127.txt

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