Main Street Capital Corporation has successfully entered into a new financing agreement, as reported on August 13, 2025. The corporation finalized an underwriting agreement with J.P. Morgan Securities LLC, leading a consortium of underwriters, for the issuance and sale of $350 million in aggregate principal amount of 5.40% notes due 2028. The transaction concluded on August 15, 2025, with the notes issued under the Eighth Supplemental Indenture with The Bank of New York Mellon Trust Company, N.A. Main Street plans to use the net proceeds of approximately $347.7 million to repay existing debts, including those under its credit facilities, thus reinforcing its financial structure.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Main Street Capital Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001396440-25-000151), on August 15, 2025, and is solely responsible for the information contained therein.