Loan & DebtJun 30, 2026, 04:07 PM
Main Street Capital Increases Credit Facility to $1.24B, Extends Maturity
AI Summary
Main Street Capital Corporation announced an amendment to its corporate revolving credit facility, increasing total commitments to $1.24 billion from $1.175 billion. The amendment also extended the revolving period through June 2030 and the final maturity date to June 2031. Additionally, the accordion feature, allowing for further increases, was expanded to $1.86 billion.
Key Highlights
- Revolving commitments by lenders increased to $1,240 million from $1,175 million.
- Accordion feature increased to up to a total of $1,860 million.
- Revolving period extended through June 2030.
- Final maturity date extended to June 2031.
- Options exist to extend revolving period and final maturity for up to two additional years, subject to lender approval.
Price Impact
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