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Stock impact report

Capital Southwest Withdraws its Voluntary $35 Million Partial Redemption on December 2022 Notes

Capital Southwest Corporation (CSWC) 
Last capital southwest corporation earnings: 2/3 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.capitalsouthwest.com/investor-relations
Company Research Source: GlobeNewswire
DALLAS, March 26, 2020 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest” or the “Company”; Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced the Company will withdraw its voluntary redemption of $35,000,000 in principal of the $77,136,175 in aggregate principal amount of issued and outstanding 5.95% Notes due 2022 (the “December 2022 Notes”) previously scheduled to be redeemed on April 3, 2020.  Bowen Diehl, Chief Executive Officer, commented, “As everyone is aware, the world is suffering through a pandemic which is causing extreme disruptions to the U.S. and global economy and financial markets at least for the near term.  The full extent of the economic impact, duration, and spread of the COVID-19 pandemic and impact on any of our portfolio companies remains uncertain.  Notwithstanding these uncertainties, we hav Show less Read more
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