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Main Street Capital Prices $100 Million Debt Offering
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Main Street Capital Prices $100 Million Debt Offering
Sep 12, 2024 3:32 AM

04:00 AM EDT, 09/12/2024 (MT Newswires) -- Main Street Capital ( MAIN ) said late Wednesday it priced an underwritten public offering of $100 million in 6.50% notes due 2027 at a premium to par of 102.134% for expected gross proceeds of about $102.1 million.

The offering is expected to close Friday.

The notes are an extension of a $300 million offering by Main Street in June.

The company intends to use the net proceeds to repay debt and for general corporate purposes.

Price: 49.20, Change: +0.06, Percent Change: +0.12

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