Main Street Capital Corporation Announces $500 Million Public Offering of 6.55% Notes Due 2030

Main Street Capital Corporation (NYSE: MAIN) has priced an underwritten public offering of $500 million in aggregate principal amount of notes. The notes carry a fixed interest rate of 6.55% per annum, payable semiannually, and are scheduled to mature on January 15, 2030. The company intends to utilize the net proceeds primarily to repay existing indebtedness, including obligations under its corporate and special purpose vehicle revolving credit facilities. Following debt repayment, the funds will be used for re-borrowing to support new investments, marketable securities, operating expenses, and general corporate purposes. The offering is expected to close on October 29, 2026.

By Main Street Capital Corporation · PR Newswire ·

Tickers: $JPM $MAIN $TFC

Topics: Capital Markets Debt Financing Notes Issuance Public Offering

Read the full article at PR Newswire

More World news