Brightwood Capital subsidiary reduces credit facility spread to 2.15%; lenders First Foundation and Mitsubishi exit

Brightwood Capital Corp I

Applicable spread reduced to 2.15% (plus 2.00% during Event of Default) under Third Amendment to Loan and Servicing Agreement.
First Foundation Bank and Mitsubishi HC Capital America assign their entire commitments to Webster Bank, N.A., effective December 10, 2025.
Total commitments remain $150M; Webster now owns $115.5M (77%), Live Oak Bank $20.5M (13.67%), Hanmi Bank $14M (9.33%).
Borrower and Collateral Manager reaffirm collateral pledge and security interests; no Event of Default continuing.

item 1.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Brightwood Capital Corp I amended Third Amendment with Webster Bank, N.A. (effective 2025-12-10).

Action: amendment
Agreement: credit facility
Counterparty: Webster Bank, N.A.
Effective: 2025-12-10

Exact text from the filing

Effective as of December 10, 2025, BCCI SPV-2, LLC (“ BCCI SPV ”), a wholly owned subsidiary of Brightwood Capital Corporation I (the “ Corporation ”) entered into the Third Amendment (the “ Third Amendment ”) to the Loan and Servicing Agreement, dated as of October 11, 2024, among BCCI SPV, as borrower, Brightwood SPV Advisors, LLC, as collateral manager, each of the lenders from time to time party thereto, Webster Bank, N.A., as collateral agent, administrative agent and sole lead arranger, U.S. National Bank Association, as document custodian, U.S. Bank Trust Company, National Association, as custodian (the “ LSA ”).

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Source: SEC EDGAR

accession 0001104659-25-120980

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