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Main Street Capital Amends Revolving Credit Facility
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Main Street Capital Amends Revolving Credit Facility
Jun 28, 2024 6:48 AM

09:23 AM EDT, 06/28/2024 (MT Newswires) -- Main Street Capital ( MAIN ) said Friday it has amended its revolving credit facility to increase commitments to $1.11 billion from $995 million.

The lender group was also increased to 19, the company said, adding that an accordion feature was expanded to allow for an increase of up to about $1.67 billion of commitments from new and existing lenders on the same terms and conditions as the existing commitments.

The amendment also extended maturity dates to June 2029 on about $1.04 billion and August 2027 on about $0.08 billion of the revolving commitments, the company said.

Price: 50.32, Change: +0.18, Percent Change: +0.36

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