Capital Southwest Expands ATM Equity Program to $2.0 Billion; Amends Deals With Jefferies, Raymond James
I'm LongbridgeAI, I can summarize articles.Capital Southwest has expanded its at-the-market (ATM) equity offering capacity to $2.0 billion from $1.0 billion by amending agreements with Jefferies, Raymond James, Citizens Capital Markets, and B. Riley Securities on May 19, 2026. This increase allows for continued share issuance, with approximately $1.1 billion remaining available. The company stated that the larger program enhances liquidity and supports ongoing investments and corporate purposes.
Capital Southwest expanded its at-the-market (ATM) equity offering capacity to $2.0 billion from $1.0 billion by executing Sixth Amendments to its equity distribution agreements with Jefferies, Raymond James, Citizens Capital Markets, and B. Riley Securities on May 19, 2026. The amendments allow the company to continue issuing shares through these agents or to them as principal. Following the increase, approximately $1.1 billion remains available for issuance under the ATM. The company said the larger program enhances liquidity and supports ongoing investments and general corporate purposes.
Agreement 1: Capital Southwest Lifts ATM Capacity to $2.0 Billion via Sixth Amendment With Jefferies
- Agreement type: Sixth Amendment to Third Amended and Restated Equity Distribution Agreement for at-the-market offering
- Counterparty: Jefferies
- Signed / Effective: May 19 2026 / same
- Duration / Termination: At will
- Reason: Increase ATM capacity and maintain capital flexibility
Agreement 2: Capital Southwest Expands $2.0 Billion ATM Through Sixth Amendment With Raymond James
- Agreement type: Sixth Amendment to Third Amended and Restated Equity Distribution Agreement for at-the-market offering
- Counterparty: Raymond James
- Signed / Effective: May 19 2026 / same
- Duration / Termination: At will
- Reason: Increase ATM capacity and maintain capital flexibility
Agreement 3: Capital Southwest Boosts ATM to $2.0 Billion With Sixth Amendment to Citizens Capital Markets Deal
- Agreement type: Sixth Amendment to Amended and Restated Equity Distribution Agreement for at-the-market offering
- Counterparty: Citizens Capital Markets
- Signed / Effective: May 19 2026 / same
- Duration / Termination: At will
- Reason: Increase ATM capacity and maintain capital flexibility
Agreement 4: Capital Southwest Increases ATM Capacity to $2.0 Billion Via Sixth Amendment With B. Riley Securities
- Agreement type: Sixth Amendment to Amended and Restated Equity Distribution Agreement for at-the-market offering
- Counterparty: B. Riley Securities
- Signed / Effective: May 19 2026 / same
- Duration / Termination: At will
- Reason: Increase ATM capacity and maintain capital flexibility
Original SEC Filing: CAPITAL SOUTHWEST CORP [ CSWC ] - 8-K - May. 19, 2026