secwatch.observer — SEC 8-K summary
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Issuer:     Stellus Capital Investment Corp (SCM)
CIK:        0001551901
Form:       8-K
Filed at:   2021-12-22T23:59:59+00:00
Accession:  0001104659-21-152638
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stellus Capital increases revolving credit facility to $250M; accordion to $300M
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- Total commitments under credit facility raised from $230M to $250M; accordion increased to $300M.
- Five lenders increased commitments: Hancock Whitney ($33.5M), City National ($30M), CommunityBank ($21.5M), Texas Capital ($15M), Trustmark ($15M).
- Definition of Consolidated EBITDA amended to adjust for non-cash incentive fee accruals.
- Maximum commitments after any future increase capped at $300M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1551901/000110465921152638/0001104659-21-152638-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1551901/000110465921152638/tm2136037d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-152638

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