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Capital Southwest定价2亿美元可转换票据

2024-11-05 14:50

  • Capital Southwest (NASDAQ:CSWCpriced $200M principal amount of 5.125% convertible notes due 2029 in an underwritten offering.
  • Underwriters have an option to purchase up to an additional $30M notes, solely to cover over-allotments.
  • The sale of the notes is expected to close on November 8, 2024.
  • Proceeds will be ~$193.6M (or approximately $222.7M if the underwriters exercise their option.)
  • The company expects to use the net proceeds to redeem in full its 4.50% notes due 2026, to repay a portion of the outstanding indebtedness under its senior secured revolving credit facility with ING Capital and for general corporate purposes.

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