Main Street Capital Corporation announced the following recent activity in its private loan portfolio. During the third quarter of 2023, Main Street originated new or increased commitments in its private loan portfolio of $107.3 million and funded...
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October 13, 2023, 07:30 AM
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Main Street Capital Corporation completed a new portfolio investment to facilitate the recapitalization of Infinity X1 LLC, a leading supplier of portable lighting products. Main Street, along with its co-investor, partnered with the Company's...
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April 06, 2023, 07:31 AM
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Main Street Capital Corporation announced the expansion of total commitments under its revolving credit facility from $920 million to $980 million. The $60 million net increase in total commitments was the result of the addition of a new lender...
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January 18, 2023, 07:42 AM
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Main Street Capital Corporation announced the closing of a private notes offering totaling $100.0 million in aggregate principal amount (the "Notes"). The Notes are unsecured and bear interest at a fixed rate of 7.84% per year, payable semiannually...
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December 27, 2022, 07:22 AM
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Main Street Capital Corporation completed a new portfolio investment to facilitate the minority recapitalization of World Micro Components, a distributor of electronic parts and components serving a variety of end markets, including aerospace and...
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December 21, 2022, 07:30 AM
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Main Street Capital Corporation announced that its wholly owned subsidiary, MSCC Funding I, LLC (the "SPV"), entered into a senior secured revolving credit facility led by Truist Bank, with Truist serving as administrative agent and as one of three...
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November 28, 2022, 08:00 AM
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Main Street Capital completed a new portfolio investment to facilitate the recapitalization of Elgin Industries, Inc., a fully integrated supplier of engine and chassis components to original equipment manufacturers and the aftermarket. Main Street...
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October 26, 2022, 07:15 AM
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Main Street Capital Corporation announced the following recent activity in its private loan portfolio. During the third quarter of 2022, Main Street originated approximately $269.9 million in new commitments in its private loan portfolio across eight...
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October 14, 2022, 07:50 AM
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Main Street Capital Corporation recently completed a follow-on investment in an existing portfolio company. Main Street made the follow-on investment in Bolder Panther Group, LLC ("Smoker Friendly" or the "Company") to support the Company's...
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August 04, 2022, 08:02 AM
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Main Street Capital announced the following recent activity in its private loan portfolio. During the second quarter of 2022, Main Street originated approximately $187.3 million in new commitments in its private loan portfolio across six new and...
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July 20, 2022, 08:01 AM
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Main Street Capital invested a total of $19.5 million in three existing lower middle market portfolio companies, PPL RVs, Inc. ("PPL"), Centre Technologies Holdings, LLC ("Centre") and Nebraska Vet AcquireCo, LLC, dba Heritage Vet Partners, P.C....
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July 14, 2022, 07:00 AM
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Main Street Capital Corporation recently completed a follow-on investment in an existing portfolio company. Main Street, along with its co-investor, made the follow-on investment in Hawk Ridge Systems, LLC to support the Company's acquisition of a...
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December 16, 2021, 07:00 AM
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Main Street Capital recently invested a total of $26.0 million in first lien, senior secured term debt in two existing portfolio companies.Main Street recently completed a follow-on investment in OMi Holdings, Inc, ("OMi") to support a...
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September 07, 2021, 07:07 AM
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Citizens M&A Advisory served as the exclusive financial advisor to Orttech, Inc. on its majority recapitalization by Main Street Capital Corporation. Headquartered in Solon, OH, Orttech is a leading value-added distributor delivering mission-critical...
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August 18, 2021, 07:50 AM
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Main Street Capital Corporation announced the following recent activity in its private loan portfolio. During the first quarter of 2021, Main Street originated approximately $25.4 million in new private loan commitments across two (2) new borrowers...
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April 28, 2021, 07:07 AM
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Main Street Capital Corporation completed a new portfolio investment to facilitate the minority recapitalization of Bolder Panther Group, LLC (the "Company" or "Smoker Friendly"), one of the largest retailers of tobacco products in the United States....
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January 11, 2021, 07:48 AM
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Main Street Capital Corporation announced that it recently completed a new portfolio investment to facilitate the minority recapitalization of Superior Rigging & Erecting Co., a leading provider of rigging, steel erection and crane & equipment rental...
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September 02, 2020, 08:40 AM
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Main Street Capital Corporation announced that Vincent D. Foster, co-founder of Main Street, and who has served as its Chairman and Chief Executive Officer (CEO) since its 2007 initial public offering, will transition the role and responsibility of...
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January 04, 2018, 07:30 AM
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The run-up in business development company (BDC) equity prices in recent months should lead to further opportunistic equity issuance by some BDCs, says Fitch Ratings. For those firms trading above net asset value (NAV) and able to access equity...
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September 21, 2016, 07:27 AM
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Main Street Capital Corporation announced the amendment of its five-year credit facility. The recently closed amendment provides several benefits to Main Street, including (i) a reduced interest rate on borrowings to the applicable LIBOR rate plus 1...
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November 25, 2015, 07:17 AM
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Capital Southwest Corporation announced that it has formed a joint venture with Main Street Capital Corporation to form I-45 SLF LLC, a senior loan fund that will invest primarily in syndicated senior secured loans in the upper middle market. The...
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September 11, 2015, 08:02 AM
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Main Street Capital Corporation announced the expansion of total commitments under its five-year credit facility (the "Credit Facility") from $522.5 million to $572.5 million. The $50.0 million increase in total commitments was the result of the...
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December 12, 2014, 07:28 AM
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Main Street Capital Corporation announced its Board of Directors promoted Dwayne L. Hyzak to Chief Operating Officer and Senior Managing Director and Brent D. Smith to Chief Financial Officer and Treasurer, effective immediately.Vincent D. Foster...
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November 14, 2014, 07:07 AM
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Main Street Capital Corporation announced it recently led a financing totaling $15.9 million of invested capital in Mystic Logistics, Inc. ("Mystic") to support the majority recapitalization of Mystic, with Main Street funding $12.7 million of the...
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August 21, 2014, 07:17 AM
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Main Street Capital Corporation recently led a financing totaling $17.0 million of invested capital in Guerdon Enterprises, LLC ("Guerdon"), to support the majority recapitalization of Guerdon, with Main Street funding $13.6 million of the financing...
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August 19, 2014, 07:10 AM
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Main Street Capital Corporation announced it recently led the syndication of a $50.0 million first lien, senior secured credit facility for AM3 Pinnacle Corporation. Main Street's participation in the facility was $22.5 million. In conjunction with...
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October 29, 2013, 07:16 AM
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Main Street Capital Corporation announced the closing of a $445 million, five-year amended and restated credit facility (the "Credit Facility") that provides Main Street with expanded and longer term financing capacity to support its future...
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October 01, 2013, 08:01 AM
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Main Street Capital Corporation announced the expansion of total commitments under its five-year credit facility from $352.5 million to $372.5 million. The $20.0 million increase in total commitments was the result of the addition of one new lender...
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May 31, 2013, 07:08 AM
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Main Street Capital Corporation has priced a public offering of $80.0 million in aggregate principal amount of 6.125% senior unsecured notes due 2023. The notes will mature on April 1, 2023, and may be redeemed in whole or in part at any time or from...
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March 27, 2013, 07:37 AM
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Main Street Capital Corporation amended its $287.5 million credit facility to extend the final maturity of the credit facility to five years, through September 2017, with the credit facility fully revolving for the first three years of its five-year...
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November 05, 2012, 06:58 AM
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