Capital Southwest reports Q1 NII 59c, consensus 59c

Reports Q1 total net assets of $916.5M. Reports Q1 net asset value, or NAV, per Share of $16.59. During Q1, the company originated $115.2M in new commitments, consisting of investments in three new portfolio companies totaling $50.5M and add-on commitments in 12 portfolio companies totaling $64.7M. New committed originations were comprised of $113.4M in first lien senior secured debt and $1.8M in equity investments. During Q1, the company received proceeds of $80.6M from five portfolio company prepayments and exits, generating net realized gains of $27.1M. Total proceeds were comprised of $55.9M from debt investments and $24.7M from equity investments.