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Stellus Capital Investment Corporation

11/01/2024 | Press release | Distributed by Public on 11/01/2024 14:31

Material Agreement Form 8 K

Item 1.01 Entry into a Material Definitive Agreement.

On October 30, 2024, Stellus Capital Investment Corporation (the "Company") entered into an Increase Agreement (the "Increase Agreement") to the Amended and Restated Senior Secured Revolving Credit Agreement by and among the Company, as the borrower, Zions Bancorporation, N.A. dba Amegy Bank, as the administrative agent, and the lenders that are party thereto from time to time, which, among other things, amends that certain Amended and Restated Senior Secured Revolving Credit Agreement dated as of September 18, 2020 (as amended, supplemented, and restated or otherwise modified from time to time, the "Credit Facility"). The Increase Agreement increases the total Commitments under the Credit Facility from $260,000,000 to $315,000,000 on a committed basis.

The description above is only a summary of the material provisions of the Increase Agreement and is qualified in its entirety by reference to a copy of the Increase Agreement, which is filed as Exhibit 10.1 to this current report on Form 8-K and incorporated by reference herein.