secwatch.observer — SEC 8-K summary
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Issuer:     Brightwood Capital Corp I (—)
CIK:        0001895316
Form:       8-K
Filed at:   2023-04-05T23:59:59+00:00
Accession:  0001104659-23-042078
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brightwood Capital subsidiary enters $100M credit facility with KeyBank
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- BCCI SPV-1, LLC, a wholly owned subsidiary, entered a $100M credit agreement with KeyBank as initial lender.
- Advances bear interest at SOFR + 2.85% initially, stepping up to SOFR + 3.35% after initial period.
- Facility matures March 30, 2028; proceeds used to acquire portfolio investments.
- Unused commitment fee ranges from 0.35% to 0.75% based on utilization.
- Credit agreement includes customary covenants and events of default.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1895316/000110465923042078/0001104659-23-042078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1895316/000110465923042078/tm2311279d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-042078

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