Main Street Capital Corporation announced on May 1, 2025, the amendment of its revolving credit facility. The amendment decreased the interest rate to the applicable Secured Overnight Financing Rate (SOFR) plus a credit spread adjustment of 0.10% plus 1.775% (or 1.65% after certain step-down conditions).
Total commitments under the facility were increased from $1.110 billion to $1.145 billion. The facility maintains an expanded accordion feature that allows for an increase up to $1.718 billion of total commitments from new and existing lenders.
Both the revolving period and the final maturity date were extended through April 2029 and to April 2030, respectively. These enhancements provide Main Street with increased liquidity, reduced borrowing costs, and greater long-term financial flexibility.
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