Capital Southwest Corporation Prices Public Offering of

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DALLAS, Aug. 24, 2021 (GLOBE NEWSWIRE) — Capital Southwest Corporation (NASDAQ: CSWC) (“Capital Southwest”, “we”, “us” and “our”) is pleased to announce that it has priced an underwritten public offering of $100 million in aggregate principal amount of 3.375% notes due 2026 (the “Notes”). The Notes will bear interest at a rate of 3.375% per year, payable semi-annually, will mature on October 1, 2026 and may be redeemed in whole or in part at Capital Southwest’s option at any time prior to July 1, 2026, at par plus a “make-whole” premium, and thereafter at par. The Notes will be issued at a price of 99.418% of the aggregate principal amount of the Notes, resulting in a yield-to-maturity of 3.5%. The offering is subject to customary closing conditions and is expected to close on August 27, 2021.

Capital Southwest intends to use the net proceeds from this offering and borrow under its senior secured revolving credit facility…

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