Capital Southwest receives second SBIC license from SBA, adding $175M debenture capacity

CAPITAL SOUTHWEST CORP

Wholly owned subsidiary Capital Southwest SBIC II, LP granted SBIC license by U.S. Small Business Administration.
SBIC II can issue up to $175M in SBA-guaranteed debentures; total program capacity now $350M.
SBA debentures have ten-year maturity, fixed interest rate linked to 10-year Treasury yield.
This is the second SBIC license; first received April 2021. SEC exemptive relief excludes these debentures from senior securities test.

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