secwatch.observer — SEC 8-K summary
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Issuer:     Stellus Capital Investment Corp (SCM)
CIK:        0001551901
Form:       8-K
Filed at:   2024-11-01T23:59:59+00:00
Accession:  0001104659-24-113515
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stellus Capital increases credit facility commitments from $260M to $315M
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- Commitments under the senior secured revolver raised by $55M to $315M via Increase Agreement dated Oct 30, 2024.
- New lenders Bank OZK ($45M commitment) and Commerce Bank ($10M commitment) join the facility.
- Existing lender Zions/Amegy Bank continues as administrative agent and LC issuer.
- Borrower represented no default exists and representations remain true after the increase.
- Subsidiary guarantors consented and affirmed their obligations remain in effect.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1551901/000110465924113515/0001104659-24-113515-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1551901/000110465924113515/tm2427269d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-113515

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