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Main Street Prices Public Offering of $350 Million of 5.40% Notes due 2028
MSCCMSCC(US:MAIN) Prnewswire·2025-08-13 21:45

Group 1 - Main Street Capital Corporation has priced a public offering of $350 million in 5.40% notes due 2028, with interest payable semiannually and a maturity date of August 15, 2028 [1] - The net proceeds from the offering will be used to repay outstanding indebtedness and for general corporate purposes, including investments in marketable securities and operating expenses [2] - The offering is managed by J.P. Morgan Securities LLC, RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., and Truist Securities, Inc. as joint book-runners [3] Group 2 - Main Street Capital Corporation primarily provides customized long-term debt and equity capital solutions to lower middle market companies, with portfolio investments typically supporting management buyouts and growth financings [7] - The company’s lower middle market portfolio companies generally have annual revenues between $10 million and $150 million, while its private loan portfolio companies have annual revenues between $25 million and $500 million [7][8]