secwatch / observer
8-K filed October 12, 2023, 7:59 PM ET ticker MAIN CIK 0001396440
debt confidence high sentiment neutral materiality 0.55

Main Street Capital CORP (MAIN): debt financing — Main Street Capital expands SPV credit facility by $100M to $355M via Western Alliance Bank joinder

Main Street Capital CORP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

Main Street Capital CORP amended revolving credit of Total commitments under the SPV Credit Agreement increased from $255 million to $355 million with Western Alliance Bank.

Instrument
revolving credit
Principal
Total commitments under the SPV Credit Agreement increased from $255 million to $355 million
Counterparty
Western Alliance Bank
Event
amendment
Exact text from the filing
On October 5, 2023, Main Street Capital Corporation (the “Company”), through its wholly owned subsidiary MSCC Funding I, LLC (“MSCC Funding”), entered into a lender joinder agreement (the “Western Alliance Joinder Agreement”) to the Revolving Credit and Security Agreement by and among MSCC Funding, as borrower, the lenders from time to time party thereto, the Company, as collateral manager, Truist Bank (“Truist”), acting as administrative agent and swingline lender, CitiBank, N.A., acting as collateral agent, document custodian and custodian and Virtus Group, L.P., as collateral administrator (the “SPV Credit Agreement”), to add Western Alliance Bank as Syndication Agent and as a lender and increase total commitments under the SPV Credit Agreement from $255 million to $355 million.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Main Street Capital CORP amended Western Alliance Joinder Agreement with Western Alliance Bank valued at $355 million (effective 2023-10-05).

Action
amendment
Agreement
credit facility
Counterparty
Western Alliance Bank
Value
$355 million
Effective
2023-10-05
Exact text from the filing
On October 5, 2023, Main Street Capital Corporation (the “Company”), through its wholly owned subsidiary MSCC Funding I, LLC (“MSCC Funding”), entered into a lender joinder agreement (the “Western Alliance Joinder Agreement”) to the Revolving Credit and Security Agreement
View on SEC.gov

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Main Street Capital CORP filing history →

Source: SEC EDGAR
accession 0001396440-23-000115
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