Welcome to our dedicated page for Capital Southwest news (Ticker: CSWC), a resource for investors and traders seeking the latest updates and insights on Capital Southwest stock.
Capital Southwest Corporation reports news as an internally managed business development company that provides flexible financing to support the acquisition and growth of middle market businesses. Coverage commonly centers on net investment income, net asset value, portfolio originations and exits, credit facility capacity, and the mix of first lien, second lien and non-control equity co-investments in its investment portfolio.
Company updates also include monthly regular dividends, supplemental dividends, federal income tax treatment of distributions, earnings-call schedules and private-credit initiatives such as first-out senior secured debt joint ventures serving the lower middle market.
Capital Southwest Corporation (NASDAQ: CSWC) has priced a public offering of $350 million in 5.950% notes due 2030. The notes will be issued at 99.345% of their principal amount, yielding 6.104% at maturity. Interest payments will be made semi-annually, with the notes maturing on September 18, 2030.
The company plans to use the proceeds to redeem its outstanding 7.75% Notes due 2028 and 3.375% Notes due 2026, as well as repay portions of its Corporate Credit Facility and SPV Credit Facility debt. The offering, expected to close on September 18, 2025, is being managed by multiple financial institutions, with Deutsche Bank Securities, ING Financial Markets, Morgan Stanley, SMBC Nikko Securities, and Wells Fargo Securities acting as active bookrunners.
Capital Southwest (Nasdaq: CSWC), a business development company, has declared its dividend schedule for Q4 2025. The company announced monthly regular dividends of $0.1934 per share for October, November, and December 2025, plus a quarterly supplemental dividend of $0.06 per share for December 2025.
The total dividend distribution for Q4 2025 will be $0.64 per share, comprising $0.58 in regular monthly dividends and $0.06 in supplemental dividend. The company maintains a dividend reinvestment plan (DRIP) allowing registered stockholders to automatically reinvest their dividends into additional CSWC shares.
Capital Southwest Corporation (NASDAQ:CSWC) has provided debt financing for Surge Private Equity's acquisition of White Plains Linen (WPL), a commercial laundry services provider, in a transaction valued at over $50 million.
Founded in 1938, WPL serves the New York metropolitan area's hospitality industry with textile rental and laundry services. The company demonstrates strong business fundamentals with an 86% recurring revenue rate. This acquisition marks Surge's fifteenth platform investment and sixth acquisition in the NYC commercial services sector.
Capital Southwest (Nasdaq: CSWC), a business development company, reported strong financial results for Q1 FY2026 ended June 30, 2025. The company's total investment portfolio reached $1.8 billion, with a credit portfolio of $1.6 billion comprising 99% first lien senior secured debt. Key highlights include pre-tax net investment income of $32.7 million ($0.61 per share) and a weighted average yield on debt investments of 11.8%.
During the quarter, CSWC originated $115.2 million in new commitments and received $80.6 million from portfolio exits, generating $27.1 million in net realized gains. The company maintained strong portfolio quality with non-accruals at just 0.8% of the total portfolio. CSWC declared monthly dividends of $0.1934 per share for July, August, and September 2025, plus a $0.06 supplemental dividend, totaling $0.64 per share for the quarter.
Capital Southwest (Nasdaq: CSWC), a business development company, has released preliminary estimates for Q1 2026 (ended June 30, 2025). The company expects pre-tax net investment income of $0.60-$0.61 per share and net investment income of $0.58-$0.59 per share.
The company's estimated net asset value per share ranges from $16.55 to $16.65. Non-accruals represent 2.6% of the portfolio at cost and 0.8% at fair value. Final Q1 2026 results will be released on August 6, 2025, followed by a webcast on August 7, 2025.
Capital Southwest (Nasdaq: CSWC), an internally managed business development company, has received an affirmation of its BBB- investment grade long-term issuer rating from Fitch Ratings, with a stable outlook. The rating agency also affirmed the company's senior secured debt rating of BBB.
The ratings affirmation is supported by several key factors, including Capital Southwest's focus on senior secured portfolios, diverse funding profile, robust asset coverage cushion, and consistent operating performance. This rating reinforces the company's strong position in providing flexible financing solutions to middle market businesses.
Capital Southwest (Nasdaq: CSWC) has announced its dividend distributions for the quarter ending June 30, 2025. The business development company declared two dividends:
- A regular dividend of $0.58 per share
- A supplemental dividend of $0.06 per share
Both dividends share the same important dates:
- Ex-Dividend Date: June 13, 2025
- Record Date: June 13, 2025
- Payment Date: June 30, 2025
The company maintains a dividend reinvestment plan (DRIP) for registered stockholders who hold shares with Equiniti Trust Company. Under this plan, stockholders who opt in by the dividend record date will have their dividends automatically reinvested into additional shares of Capital Southwest common stock. The Board reviews taxable income estimates when declaring dividends, which may differ from net investment income under accounting principles.
Capital Southwest (Nasdaq: CSWC) announced that its subsidiary, Capital Southwest SBIC II, LP, has received a Small Business Investment Company (SBIC) license from the U.S. Small Business Administration. This marks the company's second SBIC license, following its first in April 2021.
The new license enables SBIC II to issue SBA-guaranteed debentures up to $175 million, bringing Capital Southwest's total SBIC program borrowing capacity to $350 million. These debentures feature semi-annual interest payments and ten-year maturity, with interest rates fixed at a spread over ten-year U.S. Treasury Notes.
The company received exemptive relief from the SEC, allowing the exclusion of SBA-guaranteed debentures from senior securities in asset coverage requirements.