debt
confidence high
sentiment positive
materiality 0.55
Main Street Capital increases credit facility to $1.24B, extends maturity to 2031
Main Street Capital CORP
- Total revolving commitments increased from $1.175B to $1.240B via Ninth Amendment.
- Accordion feature allows up to $1.860B total commitments from new and existing lenders.
- Revolving period extended through June 2030; final maturity extended to June 2031.
- Options to further extend revolving period and maturity by up to two additional years, subject to conditions.
- Facility includes a diversified group of 18 lenders; Truist Bank remains administrative agent.