Main Street Prices Public Offering of $200,000,000 Million of 6.95% Notes due 2029

Core Viewpoint - Main Street Capital Corporation has announced a public offering of $200 million in 6.95% notes due 2029, which are priced at a premium to par, aiming to raise approximately $204.1 million in gross proceeds [1][2]. Group 1: Offering Details - The 2029 Notes are being issued at a public offering price of 102.061% of the principal amount, resulting in a yield-to-worst of 6.146% [2]. - This issuance is a further offering of the existing 6.95% notes due 2029, which had an initial aggregate principal amount of $350 million, bringing the total outstanding amount to $550 million upon completion of this offering [2]. - The offering is expected to close on March 31, 2026, subject to customary closing conditions [2]. Group 2: Use of Proceeds - Main Street intends to use the net proceeds from the offering to repay outstanding indebtedness, including amounts under its corporate revolving credit facility and special purpose vehicle revolving credit facility [3]. - The proceeds will also be utilized for investments in accordance with its investment objectives, marketable securities, operating expenses, and general corporate purposes [3]. Group 3: Underwriters - RBC Capital Markets, J.P. Morgan Securities, SMBC Nikko Securities America, and Truist Securities are acting as joint book-runners for the offering [4]. - Several firms are serving as co-managers for the offering, including Huntington Securities, Raymond James & Associates, and others [4]. Group 4: Company Overview - Main Street Capital Corporation is a principal investment firm that provides customized long-term debt and equity capital solutions primarily to lower middle market companies [8]. - The firm focuses on management buyouts, recapitalizations, growth financings, refinancings, and acquisitions across diverse industry sectors [9].